Shown verbatim: the complete text as captured from the official PDF posted by the Rhode Island General Assembly, fetched 2026-07-29. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
S2270 2026 -- S 2270 ======== LC003981 ======== STATE OF RHODE ISLAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2026 ____________ A N A C T RELATING TO TAXATION -- SITUS AND OWNERSHIP OF TAXABLE PROPERTY Introduced By: Senator V. Susan Sosnowski Date Introduced: January 23, 2026 Referred To: Senate Housing & Municipal Government It is enacted by the General Assembly as follows: 1 SECTION 1. Section 44-4-2 of the General Laws in Chapter 44-4 entitled Situs and 2 Ownership of Taxable Property is hereby amended to read as follows: 3 44-4-2. Buildings on leased land deemed real estate. 4 Buildings on leased land, where the leases are in writing and recorded, are, for the purposes 5 of taxation, deemed real estate ; provided, however, that in the town of South Kingstown, buildings 6 on leased land are, for the purposes of taxation, deemed real estate and shall be taxed to the owner 7 of the building as real estate, whether or not the leases are in writing or recorded . 8 SECTION 2. This act shall take effect upon passage and shall apply to any assessment of 9 taxes currently under appeal at the time of enactment. ======== LC003981 ======== EXPLANATION BY THE LEGISLATIVE COUNCIL OF A N A C T RELATING TO TAXATION -- SITUS AND OWNERSHIP OF TAXABLE PROPERTY *** 1 This act would clarify that buildings on leased land in the town of South Kingstown shall 2 be taxed as real estate whether or not the leases are in writing or recorded. 3 This act would take effect upon passage and would apply to any assessment of taxes 4 currently under appeal at the time of enactment. ======== LC003981 ======== LC003981 - Page 2 of 2
Every fact on this page links to its source, starting with the official bill record.