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Rhode Island Adopts 7% Sales Tax on Real Estate Commissions

The good news is that this headline is not real ---- yet. The bad news is it could be since the government is scrambling for new sources of revenue. Here are just a few of the proposals: a sales tax on services (including real estate and appraisal), weakening property tax caps, taxes on net or gross receipts (your commissions).

Can you afford to pay higher taxes? If not, join RIAR President Karl Martone and your fellow REALTORS at REALTOR Day at the State House on Tuesday, April 6th . Let’s tell our elected officials that we oppose new taxes and tax increases that would hurt real estate and home owners.

Registration starts at 2 p.m. The top leaders of the House and Senate have accepted our invitation to speak in the State Room at 2:30 p.m. sharp.

Special guest speakers: Senate President Teresa Paiva-Weed & House Speaker Gordon Fox

REALTOR Day on the Hill
Tuesday, April 6, 2010
Agenda
Download Printable Agenda

Welcome to REALTOR Day on the Hill!

2:00 – 2:30 p.m. Registration. Pick up a REALTOR sticker and info outside the State Room on the 2nd floor of the State House.
2:30 – 3:15 p.m.

Welcoming remarks and RIAR President Karl Martone introduction of guest speakers.

Guest speakers:

2:30 p.m. Senate President Teresa Paiva- Weed
2:45 p.m. House Speaker Gordon Fox
Remarks Mike Behm, Chair, RIAR
Government Affairs Committee
3:15 – 4 p.m. Divide into two groups to visit the House or Senate chamber to greet Legislators. We may enter the House and Senate chambers until a few minutes before the session starts.
4 – 4:45 p.m. Legislative session begins. Optional: Sit in House Visitors’ gallery on (approximately) 3rd floor and listen to the start of the session.
4:45 – 7 p.m. The Rhode Island Association of REALTORS invites you to enjoy free appetizers at the Temple Restaurant and Lounge in the Providence Renaissance Hotel across from the street from the State House at 120 Francis Street. Voluntary $15 donation to RPAC.

Thank you for coming!

Directions to State House and Map:
http://www.rilin.state.ri.us/statehousetour/end.htm

PARKING:
Yes – there really is parking near the State House!

  • Free parking in RI Dept. of Health/Administration parking lots – you may need to circle.
  • Metered, on-street parking around DOH/Administration Bldgs. and State Hous
  • Providence Place Mall garage: http://www.providenceplace.com/about $1 for 0 – 3 hours; $5 for 3 – 4 hours
  • Temple Bar/Rennaissance Hotel - valet parking - $26

QUESTIONS/MORE INFO:

Please contact the RIAR Legal Department at (401) 785-3650 ext. 5 or email monica@riliving.com

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