RI
Rhode Island Senate Bill S2363

Rhode Island 2024 Regular Session

Rhode Island Senate Bill S2363

Introduced
2/12/24  

Caption

JOINT RESOLUTION MAKING AN APPROPRIATION TO PROVIDE STATE AID IN AN AMOUNT NECESSARY TO CARRY OUT THE REQUIREMENTS OF RHODE ISLAND GENERAL LAWS § 45-13-5.1 (This resolution would authorize an appropriation in an amount necessary to carry out the requirements of Rhode Island General Laws § 45-13-5.1.)

Impact

If passed, S2363 would authorize a financial commitment from the state's treasury to support municipalities in their provision of property tax reductions for exempt properties. The bill underscores the state's responsibility to ensure that local governments are adequately funded to manage these exemptions, which would contribute to overall fiscal health and stability for municipalities affected by these regulations. The resolution highlights the state's intention to comply with its obligations under the mentioned law and ensure continuous community support.

Summary

S2363, a joint resolution introduced in January 2024, aims to make appropriations necessary to fulfill the requirements of Rhode Island General Laws § 45-13-5.1. This law pertains specifically to the provision of state aid to municipalities that offer property tax reductions on certain exempt private and state properties. The bill's introduction seeks to address the longstanding issue of underfunding related to this appropriation, which has not been fully funded since its enactment in 1986. This resolution suggests that state funding is essential to ensure that the municipalities can sustain the financial burden of these exemptions provided to property owners.

Contention

The discussion surrounding S2363 may center on the implications for state budget allocations and the prioritization of funding. There could be contention regarding the adequacy of the proposed appropriations, particularly in light of other financial demands on the state budget. Additionally, stakeholders may express varying opinions on the extent of exemptions permitted and their impact on the financial resources available to local governments for essential services. The resolution could also face scrutiny from those who believe it may not address the comprehensive needs of all municipalities equitably.

Latest RI S2363 Activity

View All Events: RI 2024 Regular Session S2363

Companion Bills

No companion bills found.

Previously Filed As

RI H6243

Joint Resolution Making An Appropriation Of $738,088 To Rhode Island College (this Resolution Would Authorize The Appropriation Of The Sum Of $738,088 To Rhode Island College To Fund Rhode Island College Hsi Status And Student Supports.)

RI S0774

Joint Resolution Making An Appropriation Of $738,088 To Rhode Island College (this Resolution Would Authorize The Appropriation Of The Sum Of $738,088 To Rhode Island College To Fund Rhode Island College Hsi Status And Student Supports.)

RI H6124

Joint Resolution Making An Appropriation Of $2,000,000 To The Rhode Island Food Bank (this Resolution Would Authorize The Appropriation Of The Sum Of $2,000,000 To The Rhode Island Community Food Bank.)

RI H5405

Joint Resolution Making An Appropriation Of $200,000 To The Brain Injury Association Of Rhode Island (biari) (this Joint Resolution Would Authorize The Appropriation Of The Sum Of $200,000 To The Brian Injury Association Of Rhode Island (biari).)

RI H5478

Joint Resolution Making An Appropriation Of $150,000 To The Women's Fund Of Rhode Island (this Resolution Would Authorize The Appropriation Of The Sum Of $150,000 To Women’s Fund Of Rhode Island To Implement Programs And Initiatives That Seek To Close The Gender Wage, Wealth, Health, And Leadership Gaps.)

RI S0984

Joint Resolution Making An Appropriation Of $3,000,000 To Rhode Island College For The Rhode Island Vision Education And Services Program (rivesp) (authorizes The Appropriation Of The Sum Of $3,000,000 To Rhode Island College For The Rhode Island Vision Education And Services Program.)

RI H6389

Joint Resolution Making An Appropriation Of $3,000,000 To Rhode Island College For The Rhode Island Vision Education And Services Program (rivesp) (authorizes The Appropriation Of The Sum Of $3,000,000 To Rhode Island College For The Rhode Island Vision Education And Services Program.)

RI H6021

Joint Resolution Making An Appropriation Of $50,000 To The Rhode Island Department Of Education For Fire Academy Training Programs At Central High School In Providence (this Joint Resolution Would Authorize The Appropriation Of The Sum Of $50,000 To The Rhode Island Department Of Education For Firefighter I Student Courses At Central High School In Providence.)

RI S0260

Joint Resolution Making An Appropriation Of Approximately $30,000,000 To Rhode Island's Public Schools For Safety And Security Improvements (this Resolution Would Authorize The Appropriation Of The Sum Of $100,000 To Each Public School In Rhode Island For School Safety And Security Improvements.)

RI H5817

Joint Resolution Making An Appropriation Of Approximately $30,000,000 To Rhode Island's Public Schools For Safety And Security Improvements (this Resolution Would Authorize The Appropriation Of The Sum Of $100,000 To Each Public School In Rhode Island For School Safety And Security Improvements.)

Similar Bills

No similar bills found.