States / Rhode Island / SB 3160

SB 3160 Failed

AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
Senate
Introduced
Mar 27, 2026
Last action
May 21, 2026 — 05/21/2026 Committee recommended measure be held for further study
Sponsor
Matt LaMountain D
Session
2026
Momentum
5 · Stalled