The bill amends Chapter 45-53 of the General Laws, which pertains to "Low and Moderate Income Housing," by adding a new section titled "45-53-17. Affordable housing stock in Tiverton." This new section establishes a requirement for the Rhode Island housing authority to update the count of affordable housing stock in the town of Tiverton twice a year.

The act aims to enhance the tracking and management of affordable housing in Tiverton, ensuring that the data is current and reflective of the community's needs. The bill will take effect immediately upon its passage.