The bill amends Section 45-53-3 of the General Laws in Chapter 45-53, which pertains to "Low and Moderate Income Housing." It redefines the term "consistent with local needs" in relation to low- and moderate-income housing. Specifically, it states that low- and moderate-income housing exists when a city or town has adopted an inclusionary zoning ordinance that requires all housing developments to include at least fifty percent (50%) low- or moderate-income housing units. The act will take effect upon passage.

Statutes affected:
502: 45-53-3