AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

Summary

The Senate bill revises Section 44-3-3 of the Rhode Island General Laws, expanding the list of properties that are exempt from local property taxation. It covers a wide range of assets, from state‑owned land and federal property to religious dwellings, school buildings, veteran organizations, and even household furniture for low‑income owners. The changes aim to clarify and broaden tax relief for entities that serve public, charitable, or governmental purposes.

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