· RI legislature · 2026

AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

Provides an eight percent (8%) tax rate for those properties that are encumbered by a deed restriction for low-income housing set at eight percent (80%) or sixty percent (60%) of adjusted median income established by HUD.

Sponsor

Matt LaMountain (D-RI)

Introduced

2026-03-27

Policy area

Taxation

Latest action

03/27/2026 Introduced, referred to Senate Housing and Municipal Government