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Bill

Bill

SB 1095

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

2025 Regular Session Introduced by Lou DiPalma

Rhode Island law signed June 2025 modifies local property tax levy and assessment procedures, affecting how municipalities calculate annual taxes.

06/13/2025 Signed by Governor
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Bill Summary · SB 1095

Legislative bill overview

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.

Why is this important

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.

Potential points of contention

  • Property tax equity: Modifications to assessment procedures may benefit certain property classes while disadvantaging others, raising fairness concerns among different owner types
  • Municipal revenue stability: Alterations to levy calculations could create uncertainty in municipal budgets if revenue projections become less predictable
  • Implementation complexity: Changes to assessment methodology require retraining assessors and updating systems, potentially causing administrative challenges during transition

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

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