AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES
Rhode Island law signed June 2025 modifies local property tax levy and assessment procedures, affecting how municipalities calculate annual taxes.
Rhode Island law signed June 2025 modifies local property tax levy and assessment procedures, affecting how municipalities calculate annual taxes.
SB 1095 modifies Rhode Island's local tax levy and assessment procedures. The bill has passed both chambers and been signed into law, making it effective immediately. The specific substantive changes relate to how municipalities calculate, levy, and assess local property taxes.
Local tax assessment directly affects property owners' annual tax bills and municipal revenue streams that fund schools, infrastructure, and public services. Changes to levy and assessment procedures can shift the tax burden between residential, commercial, and industrial properties, impacting both individual taxpayers and local government budgets.
Compiled from official sources — confirm details with the bill’s official record.
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