The bill amends Section 44-3-3 of the General Laws in Chapter 44-3, which addresses property subject to taxation, by introducing new legal language that specifies exemptions for certain properties. The bill includes a specific tax exemption for the real and tangible personal property of Mount St. Rita Health Centre, a Rhode Island domestic nonprofit corporation located at 15 Summer Brown Road in Cumberland, effective as of December 31, 2025. The property is further identified as Assessors Plat 48, Lot 7. The act will take effect upon passage.

Statutes affected:
3155: 44-3-3