Rhode Island HB 5800: AN ACT RELATING TO TAXATION -- STATEWIDE TANGIBLE PROPERTY TAX EXEMPTION (Exempts up to a maximum of $250,000 of tangible personal property of businesses from taxation. Provides reimbursement to cities, towns, fire districts from state revenues, for the amount of lost taxes resulting from the exemption.)

Status: 04/19/2023 Committee recommended measure be held for further study (as of 2023-04-19)

State: Rhode Island · Session: 2023 · Bill: HB 5800

Subjects: Business & Professions, Cities & Towns, Fire District, Property, Taxation

Sponsors: Batista, Caldwell, Dawson, Edwards, Finkelman, J. Lombardi, McEntee, Phillips, Vella-Wilkinson

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