Bill > S0942

This bill makes several technical amendments to Rhode Island's laws regarding property tax assessments and appeals, focusing on clarifying and streamlining the process for both taxpayers and local tax assessors. The key changes include modifying the timeline and requirements for filing property tax appeals, establishing more specific documentation requirements for appeal applications, and standardizing procedures for tangible personal property assessments. For income-producing properties with six or more residential units or commercial/industrial properties, appellants must now include a statement of rental income and related expenses with their appeal. The bill also introduces provisions for global extensions of appeal deadlines, allows for filing a single appeal for contiguous parcels, and specifies that certain improvements or new construction may be exempt from immediate tax reassessment. The amendments aim to create more clarity and consistency in the property tax assessment and appeals process, with the changes set to take effect for assessment dates on or after December 31, 2025, and not applying retroactively to existing or pending appeals.

Housing and Urban Affairs

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