2025 Regular SessionRhode Island Legislature

S1114: Allows the city of Providence to adopt higher rates for the marginal value of residential property in excess of $1,000,000 per dwelling. Taxpayers below a certain income level may be exempt and additional revenue would be exempt.

Legislative Summary

TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Allows the city of Providence to adopt higher rates for the marginal value of residential property in excess of $1,000,000 per dwelling. Taxpayers below a certain income level may be exempt and additional revenue would be exempt.

Bill History

5/23/2025
Introduced, referred to Senate Housing and Municipal Government
Senate
5/23/2025
Scheduled for hearing and/or consideration (05/27/2025)
Senate
5/27/2025
Committee recommended measure be held for further study
Senate

Status Information

Current Status
Introduced(5/23/2025)
Chamber
Senate
Committee
Housing and Municipal Government(Senate)

Documents

Introduced
Bill Text5/23/202555.7 KB