Rhode Island 2025 Regular Session

Rhode Island House Bill H6136 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1
2	2
3	3
4	4
5	5	2025 -- H 6136
6	6	========
7	7	LC002545
8	8	========
9	9	S T A T E O F R H O D E I S L A N D
10	10	IN GENERAL ASSEMBLY
11	11	JANUARY SESSION, A.D. 2025
12	12	____________
13	13
14	14	A N A C T
15	15	RELATING TO TOWNS AN D CITIES -- QUALIFYING LOW- AND MODERATE-INCOME
16	16	HOUSING -- TOWN OF WEST GREENWICH -- TAX STABILIZATION
17	17	Introduced By: Representative Sherry Roberts
18	18	Date Introduced: March 26, 2025
19	19	Referred To: House Municipal Government & Housing
20	20
21	21
22	22	It is enacted by the General Assembly as follows:
23	23	SECTION 1. Title 45 of the General Laws entitled "TOWNS AND CITIES" is hereby 1
24	24	amended by adding thereto the following chapter: 2
25	25	CHAPTER 53.1 3
26	26	QUALIFYING LOW- AND MODERATE-INCOME HOUSING -- TOWN OF WEST 4
27	27	GREENWICH -- TAX STABILIZATION 5
28	28	45-53.1-1. Definitions. 6
29	29	(a) For purposes of this chapter, the words and terms defined in § 45-53-3 shall have the 7
30	30	same meaning when used in this chapter. 8
31	31	(b) In addition to the definitions provided pursuant to the provisions of subsection (a) of 9
32	32	this section, the following words and terms when used in this chapter shall have the following 10
33	33	meaning: 11
34	34	(1) "Exit 7 special management district" means large-scale development consistent with 12
35	35	the West Greenwich comprehensive plan in the area located at exit 7 along Interstate 95 in the town 13
36	36	of West Greenwich. 14
37	37	(2) "Qualified property" means a development project for which the property owner 15
38	38	submits a comprehensive permit application to the town of West Greenwich, in accordance with 16
39	39	the provisions of chapter 53 of title 45 and the code of ordinances; provided that, the proposed 17
40	40	development project: 18
41	41
42	42
43	43	LC002545 - Page 2 of 5
44	44	(1) Contains at least twelve (12) acres of previously undeveloped land; 1
45	45	(2) Is located exclusively within the town of West Greenwich’s exit 7 special management 2
46	46	district; and 3
47	47	(3) Includes one or more structures containing no less than three hundred (300) residential 4
48	48	housing units, at least twenty-five percent (25%) of which constitute deed-restricted low- or 5
49	49	moderate- income housing units. A qualified property may be comprised of one or more contiguous 6
50	50	tax parcels, and may have distinct and/or multiple owners. 7
51	51	45-53.1-2. Exemption or stabilization of tax on qualified property used for residential 8
52	52	purposes inclusive of low- and moderate-income housing in the town of West Greenwich. 9
53	53	(a) To address the longstanding challenges faced by the town of West Greenwich and 10
54	54	surrounding municipalities to meet state and local needs for low- and moderate-income housing 11
55	55	pursuant to the provisions of chapter 53 of title 45 ("low and moderate income housing") and the 12
56	56	town of West Greenwich code of ordinances, the town council for the town of West Greenwich 13
57	57	may hold a public hearing, at least ten (10) days' notice of which shall be published in a newspaper 14
58	58	of general circulation in the town of West Greenwich, and upon a determination by the town council 15
59	59	that the granting of the exemption and/or stabilization of taxes for a qualified property shall inure 16
60	60	to the benefit of the town of West Greenwich including, without limitation, by reason of the town 17
61	61	of West Greenwich achieving, exceeding, or furthering its realization of its goal of ten percent 18
62	62	(10%) of its year round housing units constituting low- and moderate-income housing units 19
63	63	pursuant to the provisions of chapter 53 of title 45, the town council may vote to authorize for a 20
64	64	period not exceeding thirty (30) years and notwithstanding the valuation of the property or the rate 21
65	65	of tax: 22
66	66	(1) To exempt from the payment of taxes, in whole or in part, all or any portion of a 23
67	67	qualified property including, without limitation, housing units deed restricted as low- or moderate-24
68	68	income housing units that are not so restricted, land, and/or other improvements; and/or 25
69	69	(2) To determine a stabilized amount of taxes to be paid on account of all or any portion of 26
70	70	a qualified property including, without limitation, housing units deed restricted as low- or 27
71	71	moderate-income housing units that are not so restricted, land, and/or other improvements. 28
72	72	(b) The town council may hold a public hearing and vote to authorize an exemption and/or 29
73	73	stabilization pursuant to this chapter at any time after a comprehensive permit application for a 30
74	74	qualified property has been submitted to the town in accordance with the provisions of chapter 53 31
75	75	of title 45 and the town code of ordinances, and a request for tax exemption and/or stabilization 32
76	76	pursuant to this chapter has been submitted to the town council. If the town council votes to 33
77	77	authorize an exemption and/or stabilization of qualified property pursuant to this chapter, such 34
78	78
79	79
80	80	LC002545 - Page 3 of 5
81	81	affirmative vote shall be deemed authorization for the president of the town council to execute and 1
82	82	deliver on behalf of the town a written agreement with the qualified property owner containing the 2
83	83	terms and conditions of such approved exemption and/or stabilization pursuant to this chapter. 3
84	84	(c) Except as otherwise provided in this chapter, property for which taxes have been 4
85	85	exempted and/or stabilized, in whole or in part, pursuant to this chapter shall not, during the period 5
86	86	for which taxes have been so exempted and/or stabilized, be further liable to taxation by the town 6
87	87	as long as such property shall remain qualified property as defined in § 45-53.1-1(b). 7
88	88	(d) Any period of tax exemption and/or stabilization granted by the town council shall 8
89	89	commence on the first day of the fiscal year immediately following the fiscal year in which the 9
90	90	town shall have issued a certificate of occupancy for a residential housing unit at the qualified 10
91	91	property. 11
92	92	(e) If any property owner whose property taxes have been exempted and/or stabilized 12
93	93	pursuant to this chapter remains delinquent in the payment of property taxes for more than sixty 13
94	94	(60) days after the town council delivers written notice of such delinquency to the property owner 14
95	95	and all mortgagees of record, the town council shall have the authority to review and vote to 15
96	96	terminate the tax exemption and/or stabilization at a meeting for which at least ten (10) days' prior 16
97	97	written notice shall be provided to the property owner and all mortgagees of record. 17
98	98	(f) Any exemption and/or stabilization granted under this chapter shall continue until the 18
99	99	earlier of: 19
100	100	(1) Thirty (30) years from the commencement date identified in subsection (d) of this 20
101	101	section; 21
102	102	(2) The expiration of such time period authorized by the town council; 22
103	103	(3) Termination by the town council due to delinquency in the payment of the property 23
104	104	taxes, as set forth in subsection (e) of this section subject to all applicable notice and cure rights; 24
105	105	and 25
106	106	(4) The property does not contain one or more structures containing no less than three-26
107	107	hundred (300) residential housing units, at least twenty-five percent (25%) of which constitute 27
108	108	deed-restricted low- or moderate-income housing units. 28
109	109	45-53.1-3. Severability. 29
110	110	If any term or provision of this chapter, or the application thereof to the town of West 30
111	111	Greenwich or to any property, property owner, person, or circumstances, is deemed invalid for any 31
112	112	reason, the remainder of such terms or provisions of this chapter, or the application of such terms 32
113	113	or provisions to the town of West Greenwich, or to any property, property owner, persons, or 33
114	114	circumstances, shall not be affected thereby and, to this end, the provisions of this chapter are 34
115	115
116	116
117	117	LC002545 - Page 4 of 5
118	118	declared to be severable. 1
119	119	SECTION 2. This act shall take effect upon passage. 2
120	120	========
121	121	LC002545
122	122	========
123	123
124	124
125	125	LC002545 - Page 5 of 5
126	126	EXPLANATION
127	127	BY THE LEGISLATIVE COUNCIL
128	128	OF
129	129	A N A C T
130	130	RELATING TO TOWNS AN D CITIES -- QUALIFYING LOW- AND MODERATE-INCOME
131	131	HOUSING -- TOWN OF WEST GREENWICH -- TAX STABILIZATION
132	132	***
133	133	This act would authorize the town council of West Greenwich to provide an exemption 1
134	134	and/or stabilization of tax agreement on qualified property used for residential purposes inclusive 2
135	135	of low- and moderate-income housing in the town of West Greenwich. 3
136	136	This act would take effect upon passage. 4
137	137	========
138	138	LC002545
139	139	========