AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

Summary

This legislation amends several sections of the Rhode Island tax code to update how property tax relief is provided to veterans, disabled veterans, and their surviving spouses. It sets specific exemption or credit amounts for each municipality, converts Cranston’s exemption to a credit, and adds extra relief for totally or partially disabled veterans and former prisoners of war. The changes aim to standardize benefits while allowing local towns to adjust amounts within set limits.

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