Relates to penalties for failure to comply with maintenance and reporting of vacant and abandoned properties, and reporting and release of information; provides for the sharing of information between municipalities; provides for enforcement for failure to report on abandoned and vacant properties.
Same As
Relates to penalties for failure to comply with maintenance and reporting of vacant and abandoned properties, and reporting and release of information; provides for the sharing of information between municipalities; provides for enforcement for failure to report on abandoned and vacant properties.
Relates to penalties for failure to comply with maintenance and reporting of vacant and abandoned properties, and reporting and release of information; provides for the sharing of information between municipalities; provides for enforcement for failure to report on abandoned and vacant properties.
Directs the department of financial services to periodically inspect residential real properties for which a lender has a duty to maintain; authorizes the department of financial services or the municipality to impose a $500 a day civil penalty for the failure of a lender to maintain an abandoned property that it has a duty to maintain; requires such lenders to register with the statewide vacant and abandoned property electronic registry.
Creates a vacant property classification for vacant and blighted properties; allows for cities with a population of one million or more to levy an additional real property tax on vacant and blighted properties with funds raised from such taxes being used to address homelessness.
HOUSE RESOLUTION EXTENDING THE REPORTING AND EXPIRATION DATES OF THE SPECIAL LEGISLATIVE COMMISSION TO STUDY AND REVIEW THE COST AND STATUS OF THE STATE OF RHODE ISLAND OWNED, VACANT, AND ABANDONED PROPERTIES AND PROVIDE RECOMMENDATIONS FOR METHODS TO MITIGATE THE ASSOCIATED EXPENSES (Extends the reporting and expiration dates of the Commission to review the cost and status of State owned, vacant, and abandoned properties and makes recommendations to mitigate expenses to May 24, 2026, and expires December 15, 2026.)
Requires municipal accounting of abandoned properties before receiving certain State aid; establishes State database of abandoned properties; requires owners of abandoned properties to document rehabilitation efforts.
Amends several definitions to the general law chapter relating to abandoned property, adds a definition for "eligible nonprofit corporation", provides criteria for when properties are considered abandoned or a public nuisance.