Bill
Bill > S2552
RI S2552
RI S2552Increases the amount of state aid distributed to the towns and cities through appropriation in lieu of property tax provisions applicable to certain private and state properties that are exempt from property tax.
summary
Introduced
02/13/2026
02/13/2026
In Committee
02/13/2026
02/13/2026
Crossed Over
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
This act would increase the amount of state aid distributed to the towns and cities through appropriation in lieu of property tax provisions applicable to certain private and state properties that are exempt from property tax. This act would take effect upon passage.
AI Summary
This bill increases the percentage of property taxes that the state will reimburse towns and cities for certain properties that are exempt from local property taxes, such as those owned by private nonprofit institutions of higher education, nonprofit hospitals, and state-owned facilities like veterans' homes and correctional facilities. Specifically, the reimbursement rate for these properties, which are exempt from taxation, will rise from 27% to 30% of the taxes that would have been collected if the property were taxable. This change aims to provide additional state aid to municipalities, compensating them for the loss of property tax revenue from these exempt properties, and the act will become effective immediately upon its passage.
Committee Categories
Budget and Finance
Sponsors (8)
Stefano Famiglietti (D)*,
Sam Bell (D),
Jacob Bissaillon (D),
Frank Ciccone (D),
Lou DiPalma (D),
Meghan Kallman (D),
Tiara Mack (D),
Sam Zurier (D),
Last Action
Introduced, referred to Senate Finance (on 02/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://status.rilegislature.gov/ |
| BillText | https://webserver.rilegislature.gov/BillText26/SenateText26/S2552.pdf |
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