Chapter 04-067

2004 -- S 2621 SUBSTITUTE A

Enacted 06/11/04

A N A C T

RELATING TO TAXES -- BURRILLVILLE

Introduced By: Senators P Fogarty, Gallo, Walaska, Tassoni, and Goodwin

Date Introduced: February 11, 2004

It is enacted by the General Assembly as follows:

     SECTION 1. Chapter 44-3 of the General Laws entitled "Property Subject to Taxation"

is hereby amended by adding thereto the following section:

44-3-56. Tax credit in lieu of tax exemption in the town of Burrillville. – (a) The

town council of the town of Burrillville may, by ordinance, grant a dollar tax credit of a specific

dollar amount in lieu of the tax exemptions allowed pursuant to the provisions of sections 44-3-4,

44-3-5, 44-3-12, 44-3-15 and 44-3-35 and chapter 22 of the public laws of 1973. The basis for

determining eligibility for the dollar tax credit shall be as set forth in sections 44-3-4, 44-3-5, 44-

3-12, 44-3-15 and 44-3-35 and chapter 22 of the public laws of 1973. The dollar tax credit shall

be a direct deduction from the tax bill.

(b) In lieu of the dollar tax credit allowed in subsection (a), the town council of the town

of Burrillville may, by ordinance, establish a dollar tax credit for persons who meet the criteria

set forth in sections 44-3-15 and 44-3-35 and chapter 22 of the public laws of 1973 based on

household gross income. The dollar tax credit may vary based on the household gross income.

(c) The total amount of all flat rate tax credits shall not exceed three percent (3%) of the

prior year’s tax levy.

     SECTION 2. This act shall take effect upon passage.

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LC02103/SUB A

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