Rhode IslandS10972025 Regular SessionSenateWALLET

AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES .

Sponsored By: Mark P. McKenney (Democratic)

Became Law

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

Analyzed Economic Effects

1 provisions identified: 0 benefits, 0 costs, 1 mixed.

Warwick removes property tax rate floor

Warwick no longer must keep its Class 1 property tax rate at least 57% of its Class 2 rate. Different rates require an annual tax resolution approved through the city charter’s budget approval process. Rates must stay uniform within each property class. The assessor must value all taxable property and determine each class’s assessed value by June 15 each year. The law takes effect upon passage and applies retroactively to the December 31, 2024 assessment. It sets no tax rates or guaranteed savings; owners’ bills depend on the rates adopted.

Sponsors & Cosponsors

Sponsor

  • Mark P. McKenney

    Democratic • Senate

Cosponsors

  • Peter A. Appollonio, Jr.

    Democratic • Senate

  • Matthew L. LaMountain

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 105 • No: 0

House vote • 6/10/2025

LEVY & ASSESSMENT OF LOCAL TAXES PASSAGE IN CONCURRENCE

Yes: 71 • No: 0

Senate vote • 6/5/2025

RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES Passage

Yes: 34 • No: 0

Actions Timeline

  1. Effective without Governor's signature — Chapter 086

    6/18/2025Governor
  2. Transmitted to Governor

    6/10/2025Governor
  3. House passed in concurrence

    6/10/2025House
  4. Placed on the House Consent Calendar (06/10/2025)

    6/6/2025House
  5. Senate read and passed

    6/5/2025Senate
  6. Placed on Senate Calendar (06/05/2025)

    5/30/2025Senate
  7. Committee recommends passage

    5/29/2025
  8. Scheduled for hearing and/or consideration (05/29/2025)

    5/26/2025
  9. Introduced, referred to Senate Finance

    5/23/2025Senate

Bill Text

  • S1097 - As Introduced

    5/23/2025

Related Bills

Back to State Legislation