Exempts the real and tangible personal property of Higher Ground International, located at 7 Ninigret Avenue, within the city of Providence.

Plain-English Summary

This bill would give a specific property tax exemption to an organization called Higher Ground International, located at 7 Ninigret Avenue in Providence, Rhode Island. If passed, the real estate (land and buildings) and any physical personal property — such as furniture, equipment, or other tangible items — owned by Higher Ground International at that address would no longer be subject to local property taxes.

Property tax exemptions like this are sometimes granted by the state legislature to nonprofit organizations, religious groups, or charitable organizations that serve the public in some way. By naming this specific organization and address, the bill would essentially remove Higher Ground International's property from the City of Providence's tax rolls, meaning the city would no longer collect property tax revenue from that location.

This bill most directly affects Higher Ground International, which would benefit from reduced costs if the exemption is granted, and the City of Providence, which would lose whatever property tax revenue it currently collects from that address. Rhode Island taxpayers in Providence could also be indirectly affected, since lost tax revenue may shift the overall tax burden or affect city services. The bill has been referred to the House Municipal Government & Housing Committee, which has recommended it be held for further study, meaning it has not yet advanced in the legislative process.