Requires any person who applies to rent or purchase a residence located in Town of Tiverton which qualifies as low and moderate income housing, shall require proof of Rhode Island residency or employment by a local, state or federal entity.
Allows the town of Tiverton, with an aggregate of five hundred (500) or more units proposed in a comprehensive permit project, to enact a short-term emergency moratorium until the permit laws are amended.
Permits Tiverton to require two parking space for each studio, one-bedroom, or two-bedroom low- or moderate-income housing units upon the determination that limited or no local public transportation or off-street parking availability near these units.
Sets timelines for Tiverton's new construction, including one year for final approval, two (2) years for building permits, and temporary inclusion of units in the town's count until completion or three (3) years, whichever comes first.
Prohibits applications for a comprehensive permit under the Rhode Island comprehensive planning and land use regulation act in any watershed overlay protection district located in the town of Tiverton.
Reduces the number of times the director of the lottery has to confer with the permanent joint committee on state lottery from nine (9) times per year to four (4) times per year or at the call of the chair and vice chair of the committee.
Imposes a non-owner occupied property tax on residential properties assessed in excess of eight hundred thousand dollars ($800,000) at variable rates dependent on values assessed by local tax assessors.