Rhode Island 2024 Regular Session

Rhode Island Senate Bill S2373

Introduced
2/12/24  

Caption

Allows municipalities to establish a program providing property tax exemption to active duty individuals who volunteer services as a firefighter or emergency medical technician.

Impact

If enacted, S2373 could lead to a shift in state tax policy regarding local taxation practices. By empowering local governments to offer these exemptions, the bill encourages municipalities to acknowledge the invaluable service provided by volunteer responders through fiscal incentives. This change can stimulate local programs and initiatives aimed at retaining and recruiting dedicated personnel for emergency services, ultimately enhancing community safety and preparedness. However, it may also lead to disparities in how different municipalities implement these exemptions, potentially creating uneven financial benefits based on local policy decisions.

Summary

Bill S2373 aims to enhance the benefits available to volunteer first responders, specifically firefighters and emergency medical technicians, by allowing municipalities to establish programs that offer property tax exemptions for these individuals. This legislation recognizes the vital contributions made by volunteers in emergency services and the financial challenges they may face. The bill proposes that municipalities can create ordinances to grant these exemptions based on specific criteria such as years of service, rank, and number of emergencies responded to. The intended effect is to support and incentivize individuals who contribute their time to public safety efforts, relieving some of their financial burdens related to property taxes.

Contention

Some concerns may arise regarding the fiscal implications of allowing property tax exemptions, particularly for municipalities that may be stretched thin financially. Lawmakers may question how this legislation would affect local budgets and whether there are adequate measures to ensure that the program is not exploited. Additionally, while the goal is to incentivize volunteerism, there may be discussions around establishing eligibility criteria that do not inadvertently exclude certain individuals or diminish the perceived value of the volunteer work. Balancing community support for first responders with sound financial management will likely be a critical point of debate regarding this bill.

Companion Bills

No companion bills found.

Previously Filed As

RI S0257

Property Subject To Taxation

RI H6462

Property Subject To Taxation

RI H5782

Property Subject To Taxation

RI S0878

Property Subject To Taxation

RI S0924

Property Subject To Taxation

RI S0882

Property Subject To Taxation

RI S0928

Statewide Tangible Property Tax Exemption

RI S0112

Property Subject To Taxation

RI H6333

Statewide Tangible Property Tax Exemption

RI H6334

Statewide Tangible Property Tax Exemption

Similar Bills

No similar bills found.