Bill > S0497

This bill exempts the real and tangible personal property of the Center for Southeast Asians from taxation. Specifically, the bill amends Section 44-3-3 of the Rhode Island General Laws, which lists properties that are exempt from taxation, by adding a new clause that includes the Center for Southeast Asians as a tax-exempt organization. The exemption covers three specific properties located in Providence: 105 Glenham Street, 270 Elmwood Avenue, and 126 Princeton Avenue. By adding this organization to the list of tax-exempt entities, the bill ensures that the Center for Southeast Asians will not have to pay property taxes on these locations, which is consistent with other nonprofit organizations already listed in the tax exemption statute. The bill takes effect immediately upon passage, meaning the tax exemption will apply as soon as the bill becomes law.

Housing and Urban Affairs

https://status.rilegislature.gov/