S2557 — Exempts a single-family, primary residence, owned by a taxpayer, who is at least sixty-five (65) years old, and has been a Rhode Island resident for at least forty (40) years. It also excludes multi-family and income-producing properties.

S2557 — Exempts a single-family, primary residence, owned by a taxpayer, who is at least sixty-five (65) years old, and has been a Rhode Island resident for at least forty (40) years. It also excludes multi-family and income-producing properties. · Informed CitizenryS2557 proposes an exemption from property taxes for specific seniors who own their primary residence in Rhode Island. To qualify, the taxpayer must meet several criteria: they must be at least 65 y…Open in Informed Citizenry