S2041 Authorizes Town Council of Little Compton to Establish Homestead Exemption for Residential Dwellings
Summary
Rhode Island enacted S2041, authorizing the town council of Little Compton to establish a homestead exemption for residential dwellings. The bill passed the Senate 35-0 and the House 63-0 before being signed into law effective April 10, 2026.
What changed
Rhode Island enacted Senate Bill S2041, which authorizes the town council of Little Compton to establish a homestead exemption for residential dwellings. The bill provides local tax authority and does not mandate that the town implement the exemption.
Property owners in Little Compton may benefit from reduced property tax obligations if the town council subsequently adopts an implementing ordinance. The town council retains discretion over whether to establish the exemption and what specific terms to apply. This is a permissive local option provision affecting a single municipality.
What to do next
- Monitor for local ordinance adoption by Little Compton town council
- Review eligibility criteria if exemption is implemented
Archived snapshot
Apr 12, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
ChangeBridge / Rhode Island / S2041 Signed by Governor S2041 S Signed by Governor 2026-04-10
Authorizes the town council of Little Compton to establish a homestead exemption for residential dwellings.
TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES - Authorizes the town council of Little Compton to establish a homestead exemption for residential dwellings.
Bill Details
State Rhode Island
Session 2026 Regular Session
Chamber Senate
Official Source status.rilegislature.gov/
LegiScan View on LegiScan
Sponsors
Louis Dipalma (Sen - D)
Action History
2026-04-10 S Effective without Governor's signature 2026-04-02 S Transmitted to Governor 2026-04-02 H House passed in concurrence 2026-03-27 H Placed on the House Consent Calendar (04/02/2026) 2026-03-24 H Committee recommends passage in concurrence 2026-03-20 H Scheduled for consideration (03/24/2026) 2026-03-11 H Referred to House Municipal Government & Housing 2026-03-10 S Senate read and passed 2026-03-06 S Placed on Senate Calendar (03/10/2026) 2026-03-05 S Committee recommends passage 2026-02-27 S Scheduled for hearing and/or consideration (03/05/2026) 2026-01-09 S Introduced, referred to Senate Housing and Municipal Government
Votes
2026-03-05 Senate Committee on Housing & Municipal Government: Passage Yea: 8 Nay: 0 2026-03-10 Passage Yea: 35 Nay: 0 2026-04-02 Passage In Concurrence Yea: 63 Nay: 0
Committee Referrals
2026-01-09 S Housing and Municipal Government 2026-03-11 H Municipal Government & Housing
Bill Text Versions
2026-01-09 Introduced
Subjects
Taxation TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES Legislative data powered by LegiScan (CC BY 4.0)
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