Chapter 153

2007 -- S 0093 SUBSTITUTE A

Enacted 06/30/07

A N A C T

RELATING TO TAXATION -- TOWN OF WESTERLY

Introduced By: Senator Dennis L. Algiere

Date Introduced: January 23, 2007

It is enacted by the General Assembly as follows:

     SECTION 1. Chapter 44-9 of the General Laws entitled "Tax Sales" is hereby amended

by adding thereto the following section:

44-9-18.4. Westerly -- Assignments to the Westerly land trust. – Notwithstanding the

provisions of section 44-9-18, the tax collector of the town of Westerly, with the approval of the

town council, may transfer and assign any or all tax titles held by the town, for no monetary

consideration, to the Westerly Municipal Land Trust, established by chapter 165 of the 2002

Public Laws and further shall not be required to send notice of any intended transfer or

assignment to the owner of record. The transfer or assignment shall not confer upon the Westerly

Municipal Land Trust any greater rights or responsibilities than those granted to or imposed upon

the town of Westerly as original holder of the tax title. The Westerly Municipal Land Trust shall

hold any tax title transferred or assigned subject to any and all rights of redemption held by the

owner of record and/or his or her successors and assigns in title. Any and all statutory redemption

costs shall be paid to the town of Westerly and the Westerly Municipal Land Trust.

Notwithstanding the foregoing, the Westerly Municipal Land Trust shall also hold and be

permitted to exercise any rights that the town of Westerly previously held, including the right to

petition for foreclosure of any rights of redemption.

     SECTION 2. This act shall take effect upon passage.

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LC00557/SUB A

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