Rhode Island HB 5947: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES (Increases the maximum tax for qualifying low-income housing from eight percent (8%) to ten percent (10%) of the property's previous year's gross scheduled rental income. The increase shall be used by local municipalities for public school education aid.)

Status: 05/08/2019 Committee recommended measure be held for further study (as of 2019-05-08)

State: Rhode Island · Session: 2019 · Bill: HB 5947

Subjects: Cities & Towns

Sponsors: Carson, Casey, Morin, O'Brien, Phillips

View Rhode Island HB 5947 on LegisTrack → — full text, sponsors, votes, campaign finance, and cross-state matches.