# Rhode Island S2041: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES . Rhode Island S2041, AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES ., is a 2026 Regular Session Senate bill sponsored by Louis P. DiPalma (Democratic); status became law, last action 2026-04-10 (Effective without Governor's signature — Chapter 012); PRIA reads it as touching household money (as of 2026-11-01). - Canonical: https://policyrisk.com/state-bill/RI-S2041-2026 - As of: 2026-11-01 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Rhode Island S2041 - State: Rhode Island - Session: 2026 Regular Session - Title: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES . - Status: became law - Chamber: Senate - Introduced: 2026-01-09 - Last action: 2026-04-10, Effective without Governor's signature — Chapter 012 - Sponsor: Louis P. DiPalma (Democratic) - Cosponsors: 0 - Touches household money: yes - Roll calls: 2 (98 yes, 0 no in all) - Economic provisions PRIA read: 3 ## Summary No summary available. ## Bill overview: provisions PRIA read - Little Compton homestead tax break: benefit, medium. Little Compton sets a homestead exemption that lowers your home’s taxable value. In the first fiscal year, the exemption is 10% of the town’s mean assessed value. Each year after, the town can set it between 5% and 15% by vote. Your yearly tax savings equal the exemption amount times the town tax r… - How Little Compton homeowners qualify: mixed, low. If you own and live in your Little Compton home and are registered to vote there, you get the exemption automatically. If you are not registered, apply on the assessor’s form and show a Rhode Island ID and a utility bill with your name and Little Compton address. To count as a resident, your main h… - Second and rental homes can qualify: mixed, low. If you own more than one home in Little Compton, you can also claim the exemption on a second home. A home you rent out can qualify if the lease is at least 12 months and the tenant is a full-time resident. After approval, the rent must stay the same at the start of the next 12-month lease term. Us… ## Sponsors and cosponsors - Sponsor: Louis P. DiPalma (Democratic), Senate ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-04-02 | House | LEVY & ASSESSMENT OF LOCAL TAXES PASSAGE IN CONCURRENCE | pass | 63 | 0 | | | 2026-03-10 | Senate | RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES Passage | pass | 35 | 0 | | ## Actions (12) - 2026-04-10: Effective without Governor's signature — Chapter 012 (Governor) - 2026-04-02: Transmitted to Governor (Governor) - 2026-04-02: House passed in concurrence (House) - 2026-03-27: Placed on the House Consent Calendar (04/02/2026) (House) - 2026-03-24: Committee recommends passage in concurrence - 2026-03-20: Scheduled for consideration (03/24/2026) - 2026-03-11: Referred to House Municipal Government & Housing (House) - 2026-03-10: Senate read and passed (Senate) - 2026-03-06: Placed on Senate Calendar (03/10/2026) (Senate) - 2026-03-05: Committee recommends passage - 2026-02-27: Scheduled for hearing and/or consideration (03/05/2026) - 2026-01-09: Introduced, referred to Senate Housing and Municipal Government (Senate) ## Bill text - S2041 - As Introduced, 2026-01-09: [HTML](https://webserver.rilegislature.gov/BillText26/SenateText26/S2041.htm), [PDF](https://webserver.rilegislature.gov/BillText26/SenateText26/S2041.pdf) ## Related bills - H8605: JOINT RESOLUTION MAKING AN APPROPRIATION TO PAY CERTAIN CLAIMS . (became law) - H8580: AN ACT RELATING TO THE NORTH TIVERTON FIRE DISTRICT . (became law) - H8586: AN ACT RELATING TO HIGHWAYS -- RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY . (became law) - H8525: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES . (became law) - H8506: AN ACT RELATING TO TOWNS AND CITIES -- RELATING TO CENTRAL FALLS PENSION PLAN . (became law) - H8437: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION . (became law) ## Sources - [S2041 - As Introduced (HTML)](https://webserver.rilegislature.gov/BillText26/SenateText26/S2041.htm) - [S2041 - As Introduced (PDF)](https://webserver.rilegislature.gov/BillText26/SenateText26/S2041.pdf) ## Related - [H8605: JOINT RESOLUTION MAKING AN APPROPRIATION TO PAY CERTAIN CLAIMS .](https://policyrisk.com/state-bill/RI-H8605-2026) - [H8580: AN ACT RELATING TO THE NORTH TIVERTON FIRE DISTRICT .](https://policyrisk.com/state-bill/RI-H8580-2026) - [H8586: AN ACT RELATING TO HIGHWAYS -- RHODE ISLAND TURNPIKE AND BRIDGE AUTHORITY .](https://policyrisk.com/state-bill/RI-H8586-2026) - [H8525: AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES .](https://policyrisk.com/state-bill/RI-H8525-2026) - [H8506: AN ACT RELATING TO TOWNS AND CITIES -- RELATING TO CENTRAL FALLS PENSION PLAN .](https://policyrisk.com/state-bill/RI-H8506-2026) - [H8437: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION .](https://policyrisk.com/state-bill/RI-H8437-2026) - [Rhode Island bills](https://policyrisk.com/states/rhode-island/bills) - [Rhode Island state hub](https://policyrisk.com/states/rhode-island) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/RI-S2041-2026 (as of 2026-11-01).