Chapter
084
2005 -- S 0754
Enacted 06/25/05
A N A C T
RELATING
TO HOMESTEAD EXEMPTION IN THE TOWN OF WEST GREENWICH
Introduced
By: Senator Kevin A. Breene
Date
Introduced: February 17, 2005
It is enacted by the General Assembly as
follows:
SECTION 1. Chapter
44-5 of the General Laws entitled “Levy and Assessment of Local Taxes” is hereby
amended by adding thereto the following section:
44-5-80. Homestead
exemption in the Town of West Greenwich. – Notwithstanding
any other provisions of the general or special
laws to the contrary, the town council of the Town
of West Greenwich is authorized to annually fix
the amount, if any of a homestead exemption
with respect to assessed value from local
taxation on taxable real property used for residential
purposes in the Town of West Greenwich and to
grant homestead exemptions to the owner or
owners of residential real estate in an amount
not to exceed forty percent (40%) of the assessed
value. The exemption only applies to property
used exclusively for residential purposes, and
improved with a dwelling containing less than
five (5) units. In order to determine compliance
with the homestead exemption as outlined in this
section, the town council shall provide by
ordinance rules and regulations governing
eligibility for the exemption established by this
section.
SECTION
2. This act shall take effect upon passage.
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LC02220
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