Budget & Taxes (Property Tax)

SB 2036 exempts the real and tangible personal property of Blithewold, Inc. (located at 101 Ferry Road, Bristol, Rhode Island) from property taxation. This bill amends Rhode Island's tax code to add Blithewold, Inc. to the list of entities eligible for property tax exemptions under Section 44-3-3. The exemption applies specifically to the organization's property at that Bristol address, directly affecting Blithewold, Inc.'s tax obligations. The change is a targeted exemption for a single organization, not a broad policy shift.