The bill amends Section 44-3-31 of the General Laws in Chapter 44-3, which pertains to property subject to taxation in Providence. It authorizes the city council to exempt from taxation a specified dollar amount of both real and personal property for qualified individuals who are residents of the city of Providence. The eligible individuals include veterans of war, unmarried spouses of veterans of war, veterans or their unmarried spouses who are one hundred percent (100%) totally disabled through service-connected disability, individuals who are one hundred percent (100%) disabled as determined by the Social Security Act, persons who are blind, gold star parents, veterans who were prisoners of war, and individuals aged sixty-five (65) or older, as well as those aged sixty-two (62) through sixty-four (64) who are receiving social security benefits.

The bill removes previous provisions that limited the city council's ability to set exemption amounts and expands the categories of eligible persons. The city council is empowered to establish the exemption amounts through ordinance or resolution. This act will take effect immediately upon passage.

Statutes affected:
720: 44-3-31