Adds a provision that allows a tenant to pay the last month's rent or any other prepaid rent. It also increases the amount that a security deposit can be requested from one to two (2) months of rent.
Provides an 8% tax rate for those properties that are encumbered by a deed restriction for low-income housing set at 80% or 60% of adjusted median income established by HUD.
Exempts certain cities and towns whose communities exceed the low and moderate income housing threshold from the tax of the previous year's gross scheduled rental income.
Makes the provisions of §§ 45-19.1-3 and 45-19.1-4, benefits for firefighters with cancer, effective regardless of any general, special or specific law, or any charter and/or municipal ordinance to the contrary.
Caps delinquent tax interest rate at 12%. Prohibits audits beyond 3 years from date of tax filing, 7 years for fraudulent filings, and in no event beyond 10 years from date of filing or required filing date, whichever is later.
Removes the definition of "totally and permanently disabled" from the general law affording college tuition paid by the state to the spouse and children of active members of the police force who are killed or disabled during duty.