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RI H5688

Bill

Status

Introduced

2/26/2025

Primary Sponsor

June Speakman

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Origin

House of Representatives

2025 Regular Session

AI Summary

Legislative Description

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.

Taxation

Last Action

Committee recommended measure be held for further study

3/4/2025

Committee Referrals

Municipal Government & Housing2/26/2025

Full Bill Text

No bill text available