SB 2422 allows the town of Jamestown to expand tax exemptions for seniors aged 65+ who own and occupy their primary residence. It establishes income-based exemption tiers (10% to 60% off property taxes) based on household income relative to federal poverty guidelines, with stricter rules for higher-income seniors. To qualify, applicants must be Jamestown residents for five years, own only residential property (not income-producing), and provide proof of income. The bill does not change existing statewide tax rules but gives Jamestown local authority to adjust its senior exemption program through town ordinances.
Increases the income range up to fifty thousand dollars ($50,000) and tax credit up to eight hundred fifty dollars ($850), for elderly and disabled persons who own or rent their homes.
SB 2041 authorizes the town council of Little Compton to establish a homestead exemption that reduces property taxes for residential homeowners. The exemption starts at 10% of the town's average property value in the first year and can be adjusted annually between 5% and 15% by town meeting vote. Registered voters who live in and own their homes automatically qualify, while non-voter residents must apply with ID and utility proof. Rental properties with fixed-year leases may also qualify under specific conditions. This bill directly affects Little Compton homeowners and renters meeting residency requirements.
Authorizes a municipality to adopt by local ordinance, a veterans' property tax exemption to any veteran, who was honorably discharged, or discharged under conditions other than dishonorable, regardless of dates or periods of service.
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.
Mandates additional state education funding for the mental and behavioral health of students equal to 2% of the district’s total expenditures, and require those funds be used to hire staff such as school social workers, and behavioral specialists.
Increases the state’s regionalization bonus to six percent (6.0%) of the state’s fiscal year share of foundation education aid. This bonus would be ongoing and continuing so long as the district remains a regional school district.
Provides that a student's enrollment in Medicaid would be included in calculating and determining the student success factor for use in the foundation education-aid formula.
HB 7005 authorizes the town of Barrington to create a tax credit reduction of $16,000 for legally blind residents through local ordinance. This policy directly affects legally blind individuals who reside in Barrington and own real property, providing them with a reduction in their property tax bill. The bill requires Barrington to establish this credit via town ordinance, specifying it applies to real property and is separate from other existing exemptions. It does not change the current exemption amounts for other towns but grants Barrington the specific authority to implement this tax credit.
SB 2037 authorizes the town of Barrington to provide a property tax credit of up to $16,000 for legally blind residents through a local ordinance. It directly affects legally blind individuals who are legal residents of Barrington and own property there. The bill specifies that this credit applies to real property and requires residents to provide certified proof of blindness and residency to claim the exemption. This change would allow Barrington to offer a specific tax reduction for eligible residents, consistent with similar provisions for other towns in the state.
