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Provides an 8% tax rate for those properties that are encumbered by a deed restriction for low-income housing set at 80% or 60% of adjusted median income established by HUD.
Introduced
Apr 10, 2025
Last Action
Jun 18, 2025
Session
RI 2025
Sponsors
5 primary · 0 co
06/18/2025 Committee recommended measure be held for further study
06/16/2025 Scheduled for consideration (06/18/2025)
05/08/2025 Committee recommended measure be held for further study
05/02/2025 Scheduled for hearing and/or consideration (05/08/2025)
04/21/2025 Meeting postponed (04/24/2025)
04/18/2025 Scheduled for hearing and/or consideration
04/10/2025 Introduced, referred to Senate Housing and Municipal Government
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
06/18/2025 Committee recommended measure be held for further study