Phases in an annual increase of the net taxable estate exemption by ten percent (10%) per year until the state exemption equals the federal exemption.
Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2025.
Increases the net taxable estate exemption to four million dollars ($4,000,000) for deaths that occur on or after January 1, 2025.
Estate And Transfer Taxes--liability And Computation
Increases the net taxable estate exemption to three million six hundred thousand dollars ($3,600,000) on January 1, 2025. Also increases the exemption by one million dollars ($1,000,000) on January 1 per year thereafter.
Estate And Transfer Taxes--liability And Computation
Estate And Transfer Taxes -- Liability And Computation
Estate And Transfer Taxes -- Liability And Computation
Exempts all Narragansett Indian Tribe homeowners from real estate taxes and real estate tax liens, imposed by the state or any municipality. Also declares the Tribe as the sole sovereign federally recognized Indian Tribe in Rhode Island.
Requires the recording of the bylaws and rules of the association in the land evidence records of the city or town the condominium is located in and require amendments to the original filings to be certified by 2 or more members of the executive board.