Rhode Island Amends Local Tax Laws on Property Tax Classification to Include Bristol

The Rhode Island Legislature passed a law amending Chapter 44-5 of the General Laws relating to the Levy and Assessment of Local Taxes to authorize the town of Bristol to apply the owner-occupied tax rate for mixed-use properties where the residential portion is owner-occupied. The law adds the town of Bristol to the list of municipalities exempted from the 50 percent limitation on tax rate differences between property classes. The law takes effect upon passage. [H. B. 7045, enacted 04/10/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.