Rhode Island 2026 Session Status: In Committee 5 R cosponsors

HB 7396 — AN ACT RELATING TO TAXATION -- BUSINESS CORPORATION TAX -- AFFORDABLE HOUSING TAX CREDIT ACT

Last action — 01/28/2026 Introduced, referred to House Finance

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced January 28, 2026. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Prognosis

Stalled 24% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 5 sponsors

    5 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (5 R).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Creates an affordable housing business tax credit as well as eliminate sales tax on any materials purchased for use in the renovation of affordable rental housing.

Bill Text

Action History

  1. 01/28/2026 Introduced, referred to House Finance

Sponsors

Sponsorship breakdown

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5 sponsors · 0 co-sponsors · 109 not signed on

Sponsors (5)

Co-sponsors (0)

None.

Not signed on (109)

109 members have not signed on to this bill.

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"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 7396 do?
Creates an affordable housing business tax credit as well as eliminate sales tax on any materials purchased for use in the renovation of affordable rental housing.
Who sponsors HB 7396?
HB 7396 is sponsored by Michael W. Chippendale (Republican), Richard R. Fascia (Republican), Paul M. Santucci (Republican), Marie A. Hopkins (Republican), and David J. Place (Republican).
What is the current status of HB 7396?
This bill is in committee in the House. Introduced January 28, 2026. It must pass committee before a floor vote.
Where can I track HB 7396?
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Last checked for changes about 2 months ago · updated continuously

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