AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION
Effective without Governor's signature
Summary
The Senate bill amends the state’s property tax code to add dozens of new categories of real and personal property that are no longer taxable, ranging from government lands and military facilities to schools, churches, nonprofit hospitals, manufacturers’ inventory, and certain environmental and energy equipment. It also grants specific exemptions for organizations such as AS220, the Providence Performing Arts Center, and the Travelers Aid Society. The changes take effect immediately after enactment.
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