The bill amends Section 44-3-3 of the General Laws in Chapter 44-3, which addresses property subject to taxation, by introducing new exemptions for various categories of property. Specifically, it exempts the real and tangible personal property of the Providence Preservation Society, a Rhode Island domestic nonprofit corporation, located at 24 Meeting Street in Providence, from property taxation. This act will take effect on September 1, 2025.

Statutes affected:
5369: 44-3-3