RI H5947 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 5-0)
Status: Introduced on April 3 2019 - 25% progression, died in committee
Action: 2019-05-08 - Committee recommended measure be held for further study
Pending: House Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Increases the maximum tax for qualifying low-income housing from eight percent (8%) to ten percent (10%) of the property's previous year's gross scheduled rental income. The increase shall be used by local municipalities for public school education aid.

Tracking Information

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Title

Levy And Assessment Of Local Taxes

Sponsors


History

DateChamberAction
2019-05-08HouseCommittee recommended measure be held for further study
2019-04-30HouseScheduled for hearing and/or consideration (05/08/2019)
2019-04-03HouseIntroduced, referred to House Finance

Rhode Island State Sources


Bill Comments

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