---
type: "Bill"
title: "AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES"
description: "Establishes the assessed value of owner-occupied low- and moderate-income housing as the most recent sales price of the property."
jurisdiction: "us/states/ri"
legislature: "Rhode Island General Assembly"
session: "2025"
identifier: "HB 5698"
citation: "Rhode Island HB 5698 (2025)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Alzate", "Bennett", "Caldwell", "Carson", "Cortvriend", "Diaz", "Fogarty", "Hull", "Kazarian", "Speakman"]
version_count: 1
action_count: 11
vote_count: 1
first_action: "2025-02-26"
last_action: "2025-06-24"
source: "openstates"
source_identifier: "ocd-bill/c4a6b32b-261c-4d6e-af0a-86af2561b290"
source_url: "https://status.rilegislature.gov/"
source_hash: "b5ca2e9c7789c2e9ab2e81cc3ff3a3ecc445eea82bea8ecf1b4825ac61b6a5bd"
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 HB 5698 (2025) — AN ACT RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

Establishes the assessed value of owner-occupied low- and moderate-income housing as the most recent sales price of the property.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **5698** (committee substitute) — [source](http://webserver.rilegislature.gov/BillText/BillText25/HouseText25/H5698.pdf)

## Votes

- PASSAGE — **66–5** (pass) · lower

## Sponsors

- Alzate — primary (person)
- Bennett — primary (person)
- Caldwell — primary (person)
- Carson — primary (person)
- Cortvriend — primary (person)
- Diaz — primary (person)
- Fogarty — primary (person)
- Hull — primary (person)
- Kazarian — primary (person)
- Speakman — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2025-02-26** 02/26/2025 Introduced, referred to House Municipal Government & Housing `introduction, referral-committee`
- **2025-03-14** 03/14/2025 Scheduled for hearing and/or consideration (03/20/2025)
- **2025-03-20** 03/20/2025 Committee recommended measure be held for further study `committee-failure`
- **2025-06-06** 06/06/2025 Scheduled for consideration (06/10/2025)
- **2025-06-10** 06/10/2025 Committee recommends passage `committee-passage-favorable`
- **2025-06-13** 06/13/2025 Placed on House Calendar (06/16/2025) `reading-3`
- **2025-06-16** 06/16/2025 House read and passed `passage`
- **2025-06-16** 06/16/2025 Placed on the Senate Consent Calendar (06/18/2025) `reading-3`
- **2025-06-18** 06/18/2025 Senate passed in concurrence `passage`
- **2025-06-18** 06/18/2025 Transmitted to Governor `executive-receipt`
- **2025-06-24** 06/24/2025 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/c4a6b32b-261c-4d6e-af0a-86af2561b290`. Confidence: reported (aggregated from official Rhode Island legislature records).