Chapter 304

2019 -- H 6080 AS AMENDED Enacted 07/19/2019

A N   A C T

RELATING TO TAXATION - LEVY AND ASSESSMENT OF LOCAL TAXES

Introduced By: Representatives Morin, Phillips, and Casey

Date Introduced: May 08, 2019

It is enacted by the General Assembly as follows:

SECTION 1. Section 44-5-74.1 of the General Laws in Chapter 44-5 entitled "Levy and

Assessment of Local Taxes" is hereby amended to read as follows:

44-5-74.1. Woonsocket -- List of ratable property.

(a) Upon adoption of a system of classification of taxable property by the city of

Woonsocket, all ratable property in the city of Woonsocket shall be classified by the assessor as

follows:

(1) Class One: all ratable tangible personal property and motor vehicles;

(2) Class Two: residential real estate with less than four (4) units;

(3) Class Three: all commercial and industrial real estate and residential real estate with

four (4) units or more, except as provided for in subsection (b).; and

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

34 of this title.

(b) As to any residential real estate with four (4) units and wherein one or more of such

the units are occupied by the owner of the real estate, such the four (4) unit residential real estate

shall be classified as Class Two residential real estate. Said The real estate shall be classified as

Class Three if it fails to have at least one unit that is occupied by the owner of the real estate. An

owner of residential real estate with four (4) units who is entitled to the Class Two residential real

estate classification pursuant to this section shall annually file a declaration of such the owner-

occupied status with the tax assessor. The assessor shall prepare an appropriate form for the

making of such the declaration.

SECTION 2. This act shall take effect upon passage.

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