Rep. Cunha bill creates $500 sewer rate tax credit
STATE HOUSE – Rep. Helder J. Cunha (D-Dist. 64, East Providence) has introduced legislation (2017-H 5786) that would create an income tax credit up to $500 for property owners whose primary residence is located in a municipality with a water or sewer rate that is above the statewide average for such utilities.
“This bill is another part of our continuing efforts to get much-needed relief to East Providence residents who are being financially blindsided and crippled by the rising sewer rates in our city,” said Representative Cunha.
The credit would be allowed for 25 percent of the difference between the actual water and sewer charges and the calculation of the same services using the statewide average for those utilities. The credit would only be available for a property owners in a municipality whose water or sewer rates are above the statewide average, and the tax credits would be limited solely to the property owner's primary residence and be no greater than the sum of $500.
“Due to past mistakes of previous city administrations, our residents are paying astronomical amounts for basic necessities such as a running faucet and a flushing toilet in their homes, and frankly, it is unacceptable. This bill will not be my final effort in curbing these ridiculous costs, but it is a good step toward the relief East Providence property owners deserve,” added Representative Cunha.
For more information, contact:
Andrew Caruolo, Publicist
State House Room 20
Providence, RI 02903