H7052

	2018 -- H 7052
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	LC003132
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	STATE OF RHODE ISLAND
	IN GENERAL ASSEMBLY
	JANUARY SESSION, A.D. 2018
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	A N A C T
	RELATING TO JEWISH SENIORS AGENCY OF RHODE ISLAND

	Introduced By: Representatives Bennett, Marshall, Vella-Wilkinson, Shanley, and Morgan
	Date Introduced: January 03, 2018
	Referred To: House Finance
	It is enacted by the General Assembly as follows:
1	SECTION 1. Jewish Seniors Agency of Rhode Island, a Rhode Island not-for-profit
2	corporation formerly known as and presently doing business as "Jewish Home for the Aged of
3	Rhode Island", which corporation was the subject of acts passed at the January session, 1948 and
4	at the January session, 1952 increasing the authorized holdings of real and personal property of
5	said corporation, is hereby authorized to take, hold, transmit and convey real and personal estate
6	to an amount not exceeding two million dollars ($2,000,000.00) which shall be and remain
7	forever exempt from taxation.
8	SEC. 2. This act shall take effect upon its passage.
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	LC003132
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	EXPLANATION
	BY THE LEGISLATIVE COUNCIL
	OF
	A N A C T
	RELATING TO JEWISH SENIORS AGENCY OF RHODE ISLAND
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1	This act would increase the authorized holdings of Jewish Seniors Agency of Rhode
2	Island to two million dollars ($2,000,000.00) and exempt the same from taxation.
3	This act would take effect upon passage.
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	LC003132
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	LC003132 - Page 2 of 2