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RI S0963

Bill

Status

Introduced

4/10/2025

Primary Sponsor

Tiara Mack

Click for details

Origin

Senate

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

6/18/2025

Committee Referrals

Housing and Municipal Government4/10/2025

Full Bill Text

No bill text available