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RI H7448

Bill

Official Source

Status

Introduced

1/30/2026

Primary Sponsor

Ramon Perez

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Property revaluations in Rhode Island cities and towns would be capped at a maximum 20% increase from the previous revaluation, beginning December 31, 2026

  • The cap applies to all municipalities conducting revaluations on December 31, 2026 and every December 31 thereafter

  • Amends Section 44-5-11.6 of Rhode Island General Laws governing the levy and assessment of local taxes

  • Takes effect immediately upon passage

Legislative Description

Places a cap of twenty percent (20%) on increases in consecutive revaluations of real property in all cities and towns conducting revaluations commencing December 31, 2026, and every December 31 thereafter.

Taxation

Last Action

Committee recommended measure be held for further study

2/26/2026

Committee Referrals

Municipal Government & Housing1/30/2026

Full Bill Text

No bill text available