AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION -- TOWN OF JOHNSTON

HB 7111 authorizes the town of Johnston to offer a tax credit to residents aged 65 or older. This provision allows the town council to create an ordinance that reduces property taxes for eligible homeowners, with the specific credit amount and rules to be set locally. The bill applies only to real estate owned and occupied by qualifying residents and is designed to be applied uniformly without considering individual ability to pay. By amending state law, the measure gives Johnston the same flexibility as other municipalities like Bristol and Cranston to provide targeted financial relief to senior citizens.