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RI S2703
Bill
Status
2/27/2026
Primary Sponsor
Leonidas Raptakis
Click for details
AI Summary
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Cities or towns that adopt rent control ordinances would be prohibited from increasing property tax rates or reassessing property values on affected rental units
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The property tax freeze applies only to rental units covered by the local rent control ordinance and remains in effect only while the ordinance is active
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"Rental unit" is defined to include apartments, rooms, condominiums, single-family homes, and manufactured homes rented or offered for residential occupancy
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The act would take effect immediately upon passage
Legislative Description
Prohibits cities or towns that implement a rent control ordinance from raising property taxes and such prohibition would last for as long as the rent control ordinance is in effect.
Towns And Cities
Last Action
Introduced, referred to Senate Housing and Municipal Government
2/27/2026