| Chapter 141 |
| 2022 -- H 8039 Enacted 06/23/2022 |
| A N A C T |
| RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES |
Introduced By: Representatives McLaughlin, Marszalkowski, Hull, Ackerman, and Tanzi |
| Date Introduced: March 23, 2022 |
| 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: |
| 44-5-11.16. Tax classification -- Cumberland. |
| (a) The assessor of the town of Cumberland shall annually prepare a list containing the full |
| and fair valuation of each property within the town and the percentage of the tax levy to be |
| apportioned to each class of property and tax rates sufficient to produce the proportion of the total |
| tax levy. |
| (b) The assessor has the authority to apply different rates of taxation against all classes of |
| property to determine the tax due and payable on the property; provided that, the rate of taxation is |
| uniform within each class. |
| (c) Classes of property. |
| (1) Class 1: Residential real estate consisting of no not more than five (5) dwelling units; |
| land classified as open space; and dwellings on leased land including mobile homes. |
| (i) A homestead exemption provision is also authorized within this class. |
| (ii) In lieu of a homestead exemption, the town of Cumberland may divide this class into |
| non-owner and owner-occupied property and adopt separate tax rates in compliance with the tax |
| rate restrictions. |
| (2) Class 2: Commercial and industrial real estate; residential properties containing partial |
| commercial or business uses; and residential real estate of more than five (5) dwelling units. |
| (3) Class 3: All ratable, tangible personal property. |
| (4) Class 4: Motor vehicles and trailers subject to the excise tax created by chapter 34 of |
| this title 44. |
| SECTION 2. This act shall take effect upon passage. |
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| LC005572 |
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