AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION
Committee recommends passage of Sub A
Summary
The bill revises Section 44‑3‑3 of the General Laws to add a long list of property types that are no longer subject to local taxation, ranging from state‑owned land to religious, charitable, educational, military, and manufacturing assets. It also grants a tax exemption to the real and personal property of MAP Behavioral Health Services, Inc. and MAP Development Corporation in Providence. The changes aim to reduce tax burdens on these entities and encourage activities such as education, public health, environmental protection, and manufacturing.
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