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Bill

Bill

SB 123

AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

2025 Regular Session Introduced by Pete Appollonio and 6 co-sponsors

SB 123 modifies Rhode Island's local tax levy and assessment procedures, potentially affecting how municipalities value properties and collect taxes.

06/26/2025 Signed by Governor
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Bill Summary · SB 123

Legislative bill overview

SB 123 modifies Rhode Island's local tax levy and assessment procedures. The bill was introduced by five sponsors and rapidly progressed through both chambers before receiving gubernatorial approval on June 26, 2025.

Why is this important

Local tax policies directly affect property owners, municipal budgets, and school funding across Rhode Island communities. Changes to levy and assessment procedures can influence tax burden distribution, administrative costs, and municipal fiscal planning.

Potential points of contention

  • Assessment methodology changes: Modifications to how properties are valued and taxed could shift burden between residential, commercial, and industrial properties
  • Municipal revenue impacts: Alterations to levy procedures may affect towns' ability to fund services and schools, creating winners and losers among municipalities
  • Taxpayer equity concerns: Changes to assessment rules could create disparities in how similarly situated properties are taxed across different jurisdictions

Compiled from official sources — confirm details with the bill’s official record.

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