H7448 — Places a cap of twenty percent (20%) on increases in consecutive revaluations of real property in all cities and towns conducting revaluations commencing December 31, 2026, and every December 31 thereafter.

H7448 — Places a cap of twenty percent (20%) on increases in consecutive revaluations of real property in all cities and towns conducting revaluations commencing December 31, 2026, and every December 31 thereafter. · Informed CitizenryThis bill establishes a limit on how much the assessed value of real property can increase over time in Rhode Island's cities and towns. Specifically, it places a cap of twenty percent (20%) on inc…Open in Informed Citizenry