· RI legislature · 2025

AN ACT RELATING TO 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.

Sponsor

Frank Ciccone (D-RI)

Introduced

2025-05-23

Policy area

Taxation

Latest action

05/27/2025 Committee recommended measure be held for further study