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Bill > H5369


RI H5369

RI H5369
Exempts from property taxation, the real and tangible personal property of the Providence Preservation Society.


summary

Introduced
02/07/2025
In Committee
06/10/2025
Crossed Over
03/20/2025
Passed
06/20/2025
Dead
Signed/Enacted/Adopted
06/20/2025

Introduced Session

2025 Regular Session

Bill Summary

This act would exempt from property taxation, the real and tangible personal property of the Providence Preservation Society. This act would take effect on September 1, 2025.

AI Summary

This bill adds the Providence Preservation Society's real and tangible personal property, specifically located at 24 Meeting Street in Providence on Tax Assessor's Map Plat 10, Lot 75, to the list of properties that are exempt from property taxation. The addition comes as part of an existing section of Rhode Island law (§ 44-3-3) that enumerates various types of properties that are tax-exempt, such as properties owned by religious organizations, charitable institutions, educational facilities, and other nonprofit entities. By including the Providence Preservation Society in this list, the bill ensures that the organization's property will not be subject to property taxes, which is likely intended to support the organization's mission of preserving historic properties and promoting historic preservation in Providence.

Committee Categories

Budget and Finance, Housing and Urban Affairs

Sponsors (8)

Last Action

Effective without Governor's signature (on 06/20/2025)

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