Chapter 138

2013 -- H 5794

Enacted 06/26/13

A N A C T

RELATING TO TAXATION - LEVY AND ASSESSMENT OF LOCAL TAXES

Introduced By: Representatives Keable, and Newberry

Date Introduced: February 28, 2013

It is enacted by the General Assembly as follows:

SECTION 1. Sections 44-5-52, 44-5-53 and 44-5-54 of the General Laws in Chapter 44-5

entitled "Levy and Assessment of Local Taxes" are hereby amended to read as follows:

44-5-52. Burrillville -- Property tax classification authorized. – Notwithstanding the

provisions of section 44-5-11.8 to the contrary, the The town of Burrillville is authorized to adopt

a system of property tax classification in any year commencing in 2013 for taxes assessed as of

December 31, 2012, and thereafter.

44-5-53. Burrillville -- Property tax classification -- List of ratable property. – (a)

Upon adoption of a system of classification of taxable property by the town of Burrillville, all

ratable property in the town of Burrillville shall be classified by the assessor as follows:

      (1) Class 1: all ratable real estate and tangible personal property. Class 1: All residential

real estate, which consists of not more than six (6) dwelling units. Class 1 includes all

mobile/manufactured homes and residential condominiums;

      (2) Class 2: all motor vehicles and trailers subject to the excise tax created by chapter 34

of this title. Class 2: All commercial and industrial real estate and all residential real estate which

consists of more than six (6) dwelling units;

(3) Class 3: All ratable tangible personal property;

(4) Class 4: All motor vehicles and trailers subject to the excise tax created by chapter 34

of this title.

(b) Where real property is used or held for more than one purpose and the uses result in

different classifications, the town council may, by ordinance, establish a process by which the

assessor shall tax the property at the rate of the predominate use of the property.

(c) Notwithstanding any provisions of section 44-5-11.8, the tax rates applicable to

wholesale and retail inventory within Class 3 as defined in subsection (a) of this section are

governed by section 44-3-29.1.

(d) The tax rates applicable to motor vehicles within Class 4 as defined in subsection (a)

of this section are governed by section 44-34.1-1.

44-5-54. Burrillville -- Property tax classification -- Duties of the assessor. -- (a) The

assessor of the town of Burrillville, on or before June 1 of each year, shall make a full and fair

cash valuation of all the estate, real and personal, and motor vehicles subject to taxation under

this chapter, and determine the assessed valuation of each property class.

      (b) The assessor is authorized to apply different rates of assessment and/or taxation

against Class 1 and Class 2 property to each property class as set forth in section 44-5-53 to

determine the tax due and payable on the property; provided, that the rate for each class is

uniform within each class; and for each year. Class 2 property rates shall not be more than one

hundred fifty percent (150%) of Class 1 property tax rates, and Class 3 property rates shall not be

more than two hundred twenty-five percent (225%) of the maximum allowable Class 2 property

rates.

SECTION 2. This act shall take effect upon passage.

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LC01742

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