SB 2073: AN ACT RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION
SB 2073 status: To Governor — 06/24/2026 Effective without Governor's signature (updated Jun 24, 2026).
What this bill does
Overall score
Bill summary
OfficialThis new rule means Community MusicWorks in Providence no longer has to pay taxes on its buildings or equipment.
Key analysis
Impact analysis
Environment
Benefits
- No direct effect on environmental policy
Risks
- No direct effect on environmental policy
Economy
Benefits
- Reduces operating costs for a community arts organization
Risks
- Slight reduction in local municipal property tax revenue
Society
Benefits
- Supports community music and arts programming access
- Strengthens local cultural institution stability
Risks
- Potentially limits funds available for other municipal services
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Reduction in local tax base may require internal municipal budget reallocation
Analysis based on abstract summary only
Where it stands
Introduced
CompleteCommittee
CompleteFloor
CompleteGovernor
Current06/24/2026 Effective without Governor's signature
Enacted
UpcomingHow it affects your district
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