Exempts from taxation real and tangible personal property of Little Flower Home, provided it remains a qualified tax-exempt corporation pursuant to § 501(c)(3) of the Internal Revenue Code, by amending the address from former location to current location.
Summary
H6371 amends Rhode Island’s property-tax exemption statute to update the listed location of Little Flower Home, a nonprofit organization, so that its real and tangible personal property at its current address remains exempt from taxation. The bill does not create a new category of exemption; rather, it revises an existing statutory exemption tied to the organization’s 501(c)(3) status and its specific property location.
The measure is narrowly focused on one nonprofit property and is intended to preserve tax-exempt treatment after a change in address. It also fits within a broader section of law that lists numerous specific exemptions for charitable, religious, educational, health-care, and other nonprofit or public-purpose properties, as well as certain business-related exemptions and local-option exemptions for tangible personal property.
Impact
The bill would amend § 44-3-3 of the Rhode Island General Laws, which governs property exempt from taxation, by changing the address associated with Little Flower Home’s exemption. As a result, the organization’s real and tangible personal property at the updated location would continue to be exempt from local property taxation so long as it remains a qualified 501(c)(3) nonprofit. The act takes effect upon passage and has no broader statewide tax policy change beyond this property-specific update.
Sentiment
The available context suggests little to no controversy around the bill. The caption and explanation indicate a technical, corrective measure aimed at preserving an existing exemption after a relocation, and there is no recorded committee transcript or vote history showing opposition or debate. Overall, the bill appears to be viewed as a routine nonprofit tax exemption update rather than a substantive policy change.
Contention
No notable points of contention are reflected in the provided materials. Because the bill is narrowly tailored to a single nonprofit and simply updates an address in the exemption statute, any concern would likely be limited to the general issue of property-tax exemptions for nonprofits rather than this organization specifically. The absence of committee discussion and voting records suggests the measure did not generate visible disagreement in the available record.