AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

Summary

The bill revises Rhode Island’s veterans’ property tax exemption, establishing a base $1,000 exemption and allowing higher limits for many municipalities. It applies to veterans (and their unmarried widows/widowers) who served honorably in listed conflicts and to local tax authorities that may adopt higher exemptions by ordinance. The changes aim to standardize benefits while giving towns flexibility to provide greater relief.

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