The bill amends Chapter 45-53 of the General Laws, specifically addressing low- and moderate-income housing in Tiverton. It introduces a new section, 45-53-17, which allows the town to mandate the provision of two parking spaces for each studio, one-bedroom, or two-bedroom low- or moderate-income housing unit. This requirement is contingent upon the municipality's assessment that there is limited or no local public transportation or off-street parking available within a reasonable distance from these housing units.

The act aims to enhance accessibility for residents of low- and moderate-income housing by ensuring adequate parking facilities, particularly in areas where public transportation options are scarce. The provisions of this act will take effect immediately upon its passage.