--- type: "Bill" title: "AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES (Authorizes Newport to set the effective tax rate applicable to any property class in an amount not to exceed by 50% the rate applicable to any other class in the first year following a comprehensive revaluation or any update.)" description: "AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES (Authorizes Newport to set the effective tax rate applicable to any property class in an amount not to exceed by 50% the rate applicable to any other class in the first year following a comprehensive revaluation or any update.)" jurisdiction: "us/states/ri" legislature: "Rhode Island General Assembly" session: "2018" identifier: "SB 2942" citation: "Rhode Island SB 2942 (2018)" classification: ["bill"] subjects: ["Cities & Towns", "Newport", "Property"] status: "enacted" primary_sponsors: ["Euer"] version_count: 1 action_count: 9 vote_count: 2 first_action: "2018-05-31" last_action: "2018-06-28" source: "openstates" source_identifier: "ocd-bill/26d9ede2-8ec8-41a1-9e68-26389a88fc3e" source_url: "http://status.rilin.state.ri.us/" source_hash: "f9c62cb302fc024e155148de45ef60c473cb9c30dc7d16055d0301d21d6e3203" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-ri"] --- # Rhode Island SB 2942 (2018) — AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES (Authorizes Newport to set the effective tax rate applicable to any property class in an amount not to exceed by 50% the rate applicable to any other class in the first year following a comprehensive revaluation or any update.) ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **2942** (committee substitute) — [source](http://webserver.rilin.state.ri.us/BillText/BillText18/SenateText18/S2942.pdf) ## Votes - Passage — **37–0** (pass) · upper - IN CONCURRENCE — **69–0** (pass) · upper ## Sponsors - Euer — primary (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2018-05-31** 05/31/2018 Introduced, referred to Senate Finance `introduction, referral-committee` - **2018-06-08** 06/08/2018 Scheduled for hearing and/or consideration (06/12/2018) - **2018-06-12** 06/12/2018 Committee recommends passage `committee-passage-favorable` - **2018-06-13** 06/13/2018 Placed on Senate Calendar (06/19/2018) - **2018-06-19** 06/19/2018 Senate read and passed `passage` - **2018-06-21** 06/21/2018 Placed on the House Consent Calendar (06/22/2018) - **2018-06-22** 06/22/2018 House passed in concurrence `passage` - **2018-06-27** 06/27/2018 Transmitted to Governor `executive-receipt` - **2018-06-28** 06/28/2018 Signed by Governor `executive-signature` ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/26d9ede2-8ec8-41a1-9e68-26389a88fc3e`. Confidence: reported (aggregated from official Rhode Island legislature records).