Chapter 190

2004 -- S 2990

Enacted 06/25/04

A N A C T

RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

Introduced By: Senators Parella, Felag, and Bates

Date Introduced: March 24, 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:

44-3-57. Deferment of payment of tax for the elderly -- Bristol. – The town council

of the town of Bristol is authorized to provide, by ordinance, that the payment of a portion of the

property taxes on all family dwellings located therein and owned and occupied by persons who

are age sixty-five (65) years or older for at least twenty (20) years, and who meet income

thresholds defined by the council, is deferred until the property is disposed of by reason of death

of all the owners or by reason of transfer or conveyance; provided, that any taxes so deferred

constitute a lien against the real estate.

     SECTION 2. This act shall take effect upon passage.

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LC03000

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