AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

HB 6011 removes state-owned property from the list of assets exempt from local property taxes. This means government buildings, land, and other state-owned assets will now be subject to local property tax assessments. The bill specifically amends Section 44-3-3(a)(1) of the General Laws to eliminate the previous exemption for state property, affecting how local tax authorities calculate and collect revenue from state-owned holdings. All other property exemptions listed in the law (such as schools, religious properties, and hospitals) remain unchanged.