Rhode Island House Bill H6013

Rhode Island 2023 Regular Session

• Introduced: 3/1/23
• Refer: 3/1/23

Caption

Property Subject To Taxation

Impact

The enactment of HB 6013 would have considerable implications for local budgets and municipalities across the state. By allowing local governments to tax previously exempt state properties, this bill seeks to bolster local revenues. This increase in tax base could potentially be used for various public services such as education, infrastructure, and community development, thereby enhancing the capacity of local governments to meet their citizens' needs effectively.

Summary

House Bill 6013 aims to amend existing state laws regarding property subject to taxation by removing exemptions currently enjoyed by state-owned properties. This bill proposes that local governments will have the authority to levy property taxes on state-owned assets, which is a significant shift in how property taxation is handled within the state. The intention behind this change is to enhance local government revenues and promote more equitable taxation practices where state assets contribute to local funding needs.

Contention

The bill has sparked debate among legislators and community stakeholders. Proponents argue that taxing state-owned properties is a matter of fairness, as local entities often struggle with budget constraints while providing necessary services. Conversely, opponents contend that this move could result in increased financial strains on state agencies and institutions that might already be facing tight budgets. Some worry that additional taxation could deter the state from maintaining or expanding facilities that serve the public, such as schools and parks.