Rhode Island 2026 Regular Session

Rhode Island Senate Bill S2123

Introduced

1/16/26

Refer

1/16/26

Caption

Exempts from taxation the real and tangible personal property of Blackstone Valley Advocacy Center located in the city of Pawtucket. Effective retroactively to December 31, 2025 and affects next levy issued by the city or town where property is located.

Impact

If enacted, S2123 will directly impact the taxation laws relating to property in Rhode Island by creating a specific exemption for the Blackstone Valley Advocacy Center. This change would result in a decrease in tax revenue from that property, which could affect local funding programs, including essential services, if not compensated by alternative revenue streams. It also emphasizes the importance of supporting local nonprofit organizations, particularly those working on community-based initiatives.

Summary

S2123 is a bill designed to exempt the real and tangible personal property of the Blackstone Valley Advocacy Center, located in Pawtucket, Rhode Island, from taxation. The intention of the bill is to provide financial relief to this nonprofit entity, ensuring that it can allocate resources more efficiently towards its programs and services rather than tax liabilities. The bill addresses the overall context of nonprofit organizations within the state and their contributions to community welfare, especially in urban areas like Pawtucket.

Contention

During discussions surrounding S2123, there may be contention over the implications of granting such exemptions. Proponents argue that supporting nonprofits like the Blackstone Valley Advocacy Center boosts social services and aids underserved populations. Critics, however, could raise concerns about the potential precedent it sets for other organizations seeking similar exemptions, thereby reducing overall tax revenue capacity for local governments. The dialogues indicate a broader debate on the balance between supporting nonprofit initiatives and maintaining adequate funding for public services.

Companion Bills

No companion bills found.

Previously Filed As

RI H6348

Exempts from taxation the real and tangible personal property of Blackstone Valley Advocacy Center located in the city of Pawtucket.

RI S0999

Exempts from taxation the real and tangible personal property of Blackstone Valley Advocacy Center located in the city of Pawtucket.

RI H6233

Exempts from taxation the real and tangible personal property of the Center for Southeast Asians.

RI S0497

Exempts from taxation the real and tangible personal property of the Center for Southeast Asians.

RI H5270

Exempts from taxation the real and tangible personal property of the Friends of Little Compton Wellness Center, Inc.

RI S0844

Exempts from taxation the real and tangible personal property of the Friends of Little Compton Wellness Center, Inc.

RI H5369

Exempts from property taxation, the real and tangible personal property of the Providence Preservation Society.

RI S0028

Exempts from property taxation, the real and tangible personal property of the Providence Preservation Society.

RI S0498

Exempts from taxation the non-commercial real and tangible personal property of Southside Community Land Trust, a Rhode Island domestic nonprofit corporation, located in Providence, Rhode Island.

RI H5699

Exempts from taxation the real and tangible personal property of Codac, Inc., a Rhode Island nonprofit domestic corporation, located at 45 Royal Little Drive in Providence, Rhode Island.