S. 687 — A bill to amend the Rhode Island Indian Claims Settlement Act to provide an exemption from taxes with respect to the settlement lands and amounts received by the State Corporation, and to provide a deferral of capital gains with respect to the sale of settlement lands.

Summary

Amends the Rhode Island Indian Claims Settlement Act to provide: (1) an exemption from taxes with respect to specified settlement lands and amounts received by a certain State Corporation; and (2) a deferral of capital gains with respect to specified sales or dispositions of private settlement lands.

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Related Legislation

H.R. 2993A bill to amend the Rhode Island Indian Claims Settlement Act to provide an exemption from taxes with respect to the settlement lands and amounts received by the State Corporation, and to provide a deferral of capital gains with respect to the sale of settlement lands.
1979-03-15Referred to House Committee on Ways and Means.
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Legislative Actions

1979-03-15
Introduced in Senate
1979-03-15
Referred to Senate Committee on Finance.

A bill to amend the Rhode Island Indian Claims Settlement Act to provide an exemption from taxes with respect to the settlement lands and amounts received by the State Corporation, and to provide a deferral of capital gains with respect to the sale of settlement lands.

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