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SB 2259 Rhode Island Senate · 2026 Regular Session

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

Summary
Permits every municipality in the state to offer a homestead tax exemption of up to 20% of assessed value on residential properties, and also provides that municipalities that grant greater exemptions not be limited by this section.
Issues: ✓ Budget & TaxesSupports Budget & TaxesPermits homestead tax exemptions up to 20% for residential properties, reducing property tax burden - direct tax relief aligning with support indicators.95% confidence ✓ HousingSupports HousingAllows tax exemptions on residential properties, reducing homeowner costs and supporting housing affordability through direct property tax relief.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2026 Last action Jan 23, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
0
Jan 23, 2026
Introduced
01/23/2026 Introduced, referred to Senate Housing and Municipal Government
upper
4 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Brian Thompson
Brian Thompson
DDemocratic
RI
20
P
Photo of Hanna Gallo
Hanna Gallo
DDemocratic
RI
27
P
Photo of Lou DiPalma
Lou DiPalma
DDemocratic
RI
12
P
Photo of Ryan Pearson
Ryan Pearson
DDemocratic
RI
19