All real property acquired by an agency for redevelopment purposes is subject to taxation in the same manner and at the same rate as other real property in the community unless the real property is located in the city of Providence, the city of Central Falls, or the city of Pawtucket and is exempted by an ordinance enacted by the city council.
R.I. Gen. Laws § 45-32-40
Taxation of real property acquired
P.L. 1956, ch. 3654, § 62; G.L. 1956, § 45-32-40; P.L. 1998, ch. 469, § 1; P.L. 2018, ch. 103, § 3; P.L. 2024, ch. 452, § 1, effective June 29, 2024.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.