Chapter 280

2004 -- S 2973

Enacted 07/02/04

A N A C T

RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

Introduced By: Senator Kevin A. Breene

Date Introduced: March 17, 2004

It is enacted by the General Assembly as follows:

     SECTION 1. Section 44-3-13.11 of the General Laws in Chapter 44-3 entitled "Property

Subject to Taxation" is hereby amended to read as follows:

44-3-13.11. Property tax exemptions for active volunteer members of fire and rescue

companies within the town of Exeter. -- (a) The town council of the town of Exeter may, by

ordinance, provide a property tax exemption of up to fifty thousand dollars ($50,000) of assessed

value of any real property owned and occupied real property tax exemption of up to fifty

thousand dollars ($50,000) or a personal tangible property or vehicle excise tax exemption of up

to twenty-five thousand dollars ($25,000) of assessed value of any owned and occupied real

property or of any tangible personal property or vehicle owned by any volunteer member of an

Exeter fire company or rescue corps, provided that said organization has qualified as a tax exempt

organization pursuant to section 501(c)(3) of the Internal Revenue Service code. Said exemption

shall also apply to the surviving spouse of any deceased person who qualified for an exemption at

the time of his or her death.

      (b) Said exemption shall be in addition to any other exemption to which said persons

shall be entitled; provided, however, that any person seeking said exemption shall have presented,

to the tax assessor, a true and exact account of his or her ratable estate as provided in sections 44-

5-15 and 44-5-16 for the year for which the exemption is claimed, together with due evidence that

said person is entitled to said exemption.

      (c) Any ordinance passed by the town shall provide prospective tax relief only.

      (d) The amount of the exemption and the rules and regulations regarding eligibility for

the exemption shall be provided for by ordinance and the town council of the town of Exeter,

upon recommendation of the tax assessor, may, from time to time, by amendment to the

ordinance, make changes in the amount of exemption granted and the rules and regulations

regarding eligibility for the exemption as they deem necessary to promote the purpose of this

section.

      (e) Nothing contained herein shall abrogate or affect the authority conferred upon the

assessor by the provisions of section 44-3-4.

     SECTION 2. This act shall take effect upon passage.

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LC02940

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