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Bill > S2557
RI S2557
RI S2557Exempts a single-family, primary residence, owned by a taxpayer, who is at least sixty-five (65) years old, and has been a Rhode Island resident for at least forty (40) years. It also excludes multi-family and income-producing properties.
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 exempt a single-family, primary residence, owned by a taxpayer, who is at least sixty-five (65) years old, and has been a Rhode Island resident for at least forty (40) years. This act would exclude multi-family and income-producing properties. This act would take effect upon passage.
AI Summary
This bill would amend Rhode Island law to create a new property tax exemption for a single-family home that serves as a taxpayer's primary residence, provided the taxpayer is at least sixty-five years old and has been a resident of Rhode Island for at least forty years; importantly, this exemption would not apply to multi-family or income-producing properties, and it would take effect upon its passage.
Committee Categories
Budget and Finance
Sponsors (10)
Andrew Dimitri (D)*,
Peter Appollonio (D),
Bob Britto (D),
John Burke (D),
Frank Ciccone (D),
Stefano Famiglietti (D),
Matt LaMountain (D),
Todd Patalano (D),
Lou Raptakis (D),
David Tikoian (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/S2557.pdf |
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