Establishes that a renewable energy resource shall pay $5.00 per kilowatt hour of alternating current nameplate capacity for tangible property and $3.50 per kilowatt hour of alternating nameplate capacity for real property.
Exempts from property taxation, the real and tangible personal property of the Providence Preservation Society.
Removes state-owned property from property exempt from local property taxes.
Exempts from taxation the non-commercial real and tangible personal property of Southside Community Land Trust, a Rhode Island domestic nonprofit corporation, located in Providence, Rhode Island.
Exempts from taxation the real and tangible personal property of PROJECT Weber/RENEW, a Rhode Island domestic nonprofit corporation.
Exempts from taxation the real and tangible personal property of Codac, Inc., a Rhode Island nonprofit domestic corporation, located at 45 Royal Little Drive in Providence, Rhode Island.
Exempts from taxation the real and tangible personal property of the Center for Southeast Asians.
Exempts from taxation the real and tangible personal property of the Friends of Little Compton Wellness Center, Inc.