AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

HB 6233 exempts the real and tangible personal property of the Center for Southeast Asians from local property taxes. This bill amends Rhode Island's property tax law to add the Center as a new category of exempt property, directly affecting the organization's buildings, land, and equipment. The exemption applies to all property owned or operated by the Center for its core mission, aligning with existing exemptions for similar nonprofit entities. This is a specific policy change creating a new tax exemption, not a broad legislative shift.