This bill amends state law to allow the town of Glocester to offer expanded property tax credits and exemptions for elderly and disabled homeowners. It authorizes the town council to create a base exemption of up to $2,070 for owners aged 65 or older or those with permanent disabilities, with annual adjustments based on the consumer price index. The legislation also permits additional credits for residents over 80, variable income limits for certain applicants, and a minimum annual tax payment requirement. These changes would apply uniformly to qualified owner-occupants and would be administered through town ordinances following specific eligibility verification processes.
Exempts from taxation the property of the nonprofit Mount St. Rita Health Centre located in Cumberland, RI. The exemption would be effective as of December 31, 2025.
HB 8028 exempts the lake bed and Wilson's Reservoir in Burrillville from property taxes. This directly affects the town of Burrillville and its management of the reservoir property. The bill’s key provision removes the tax obligation for this specific water body and its bed. The exemption applies to the designated property within Burrillville’s jurisdiction.
HB 7046 exempts Blithewold, Inc.'s real and tangible personal property located at 101 Ferry Road in Bristol, Rhode Island, from local property taxation. The bill amends Rhode Island's property tax law (Section 44-3-3) to add this specific exemption to the existing list of tax-exempt properties. This change directly affects Blithewold, Inc., a nonprofit organization operating at that address, by removing its property tax obligation. The exemption applies to all real and personal property owned by the organization, as specified in the bill's official abstract.
Repeals the Tiverton tax credit for totally disabled veterans and includes a veteran's unmarried widow or widower for a tax credit in the amount of four hundred dollars ($400) or greater.
Authorizes the city of Pawtucket to issue not more than $2,000,000 general obligation bonds and notes to finance the construction, reconstruction, repair and equipping of bridges.
Authorizes the city of Pawtucket to issue not more than $2,000,000 general obligation bonds and notes to finance the design, construction, reconstruction, repair and equipping of streets and sidewalks.
Authorizes the city of Pawtucket to issue not more than $4,000,000 general obligation bonds and notes to finance the planning, evaluation, design, construction, equipping and reconstruction of sanitary sewers and storm sewers.
Authorizes the city of Pawtucket to issue not more than $2,000,000 general obligation bonds and notes to finance the renovation, construction, reconstruction and equipping of public recreation facilities.
This bill authorizes the City of Pawtucket to issue up to $3 million in bonds to fund the repaving of its streets over the 2028 and 2029 fiscal years. The legislation allows the city to sell these bonds with repayment terms ranging from three to thirty years, using the proceeds strictly for street repair projects and related costs. To manage cash flow before the bonds are sold, the city is permitted to issue temporary notes and make interest-free advances from its general treasury. The bill also outlines how bond proceeds and any investment earnings can be used to cover issuance expenses and pay interest on the debt.
