The bill amends Section 44-3-3 of the General Laws in Chapter 44-3, which addresses property subject to taxation, by adding a specific exemption for the real and tangible personal property of the Providence Preservation Society, a Rhode Island domestic nonprofit corporation, located at 24 Meeting Street in Providence, identified on Tax Assessor's Map, Plat 10, Lot 75. This act would exempt this property from property taxation. The provisions of this act are set to take effect on September 1, 2025.

Statutes affected:
28: 44-3-3
28  SUB A: 44-3-3