Chapter 440 |
2017 -- S 0714 SUBSTITUTE A Enacted 10/06/2017 |
A N A C T |
RELATING TO TAXATION - BURRILLVILLE PROPERTY TAX |
Introduced By: Senator P Fogarty |
Date Introduced: April 04, 2017 |
It is enacted by the General Assembly as follows: |
SECTION 1. Section 44-3-30 of the General Laws in Chapter 44-3 entitled "Property |
Subject to Taxation" is hereby amended to read as follows: |
44-3-30. Burrillville -- Property taxation of electricity generating facilities located in |
the town. |
Notwithstanding any other provisions of the general laws to the contrary, real and |
personal property of any facility for the generation of electricity located in the town of Burrillville |
and in operation prior to July 1, 2017, or subsequently expanded, are taxable by the town. As to |
any facility for the generation of electricity located in the town of Burrillville, in operation prior |
to or subsequent to July 1, 2017, the town council of the town of Burrillville is authorized to |
determine, by ordinance or resolution, an amount of taxes to be paid each year on account of real |
or personal property used in connection with any facility for the generation of electricity located |
in the town, notwithstanding the valuation of the property or the rate of tax. The determination is |
for a period not to exceed twenty-five (25) years. The town council of the town of Burrillville is |
authorized to extend the determination by ordinance or resolution. The extension shall be for a |
period not to exceed an additional twenty (20) years. |
SECTION 2. This act shall take effect upon passage. |
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LC002341/SUB A |
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