Rhode Island Senate Bill 3160: Provides an eight percent (8%) tax rate for those properties that are encumbered by a deed restriction for low-income housing set at eight percent (80%) or sixty percent (60%) of adjusted median income established by HUD.

Rhode Island · 2026 session

What it does

TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Provides an eight percent (8%) tax rate for those properties that are encumbered by a deed restriction for low-income housing set at eight percent (80%) or sixty percent (60%) of adjusted median income established by HUD.

Latest action

Committee recommended measure be held for further study (2026-05-21)

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