RI S3099 | 2024 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 4-0)
Status: Introduced on May 29 2024 - 25% progression, died in committee
Action: 2024-05-29 - Introduced, referred to Senate Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

TAXATION -- STATEWIDE TANGIBLE PROPERTY TAX EXEMPTION - Determines reimbursement rate for lost tax revenue base upon the 2023 assessment and rate. Allows for an estimate to be calculate based upon 2022 if 2023 information unavailable. Allows municipality to audit calculation.

Tracking Information

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Title

Determines reimbursement rate for lost tax revenue base upon the 2023 assessment and rate. Allows for an estimate to be calculate based upon 2022 if 2023 information unavailable. Allows municipality to audit calculation.

Sponsors


History

DateChamberAction
2024-05-29SenateIntroduced, referred to Senate Finance

Subjects


Rhode Island State Sources


Bill Comments

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