Rhode Island 2026 Session Status: In Committee Bipartisan · 6 D · 2 R cosponsors

SB 2442 — AN ACT RELATING TO PROPERTY -- FIRST-TIME HOME BUYER SAVINGS PROGRAM ACT

Last action — 05/07/2026 Committee recommended measure be held for further study

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

This bill is in committee in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.

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

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

Upgrade to see the exact probability and what's driving it.

A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Advancing 42% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 8 sponsors

    8 primary, 0 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (6 D · 2 R) — cross-party backing.

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Summary

Establishes the first-time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.

Bill Text

Action History

  1. 05/07/2026 Committee recommended measure be held for further study

  2. 05/01/2026 Scheduled for hearing and/or consideration (05/07/2026)

  3. 02/06/2026 Introduced, referred to Senate Finance

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

8 sponsors · 0 co-sponsors · 106 not signed on

Sponsors (8)

Co-sponsors (0)

None.

Not signed on (106)

106 members have not signed on to this bill.

Show all 106 →

"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

taxation housing
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 SB 2442 do?
Establishes the first-time home buyer savings program act. Allows modifications to federal adjusted gross income for $50,000 in contributions and $150,000 of interest and dividends included in federal adjusted gross income.
Who sponsors SB 2442?
SB 2442 is sponsored by Melissa Murray (Democratic), Ana B. Quezada (Democratic), Brian J. Thompson (Democratic), Peter A. Appollonio Jr. (Democratic), Louis P. DiPalma (Democratic), Gordon E. Rogers (Republican), Tiara T. Mack (Democratic), and Thomas J. Paolino (Republican).
What is the current status of SB 2442?
This bill is in committee in the Senate. Introduced February 06, 2026. It must pass committee before a floor vote.
Where can I track SB 2442?
Track SB 2442 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on SB 2442

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of SB 2442

Last checked for changes about 2 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →