Chapter 014
2023 -- S 0240 SUBSTITUTE A
Enacted 05/10/2023

A N   A C T
RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

Introduced By: Senators Lawson, Britto, and Lauria

Date Introduced: February 16, 2023

It is enacted by the General Assembly as follows:
     SECTION 1. Section 44-5-11.10 of the General Laws in Chapter 44-5 entitled "Levy and
Assessment of Local Taxes" is hereby amended to read as follows:
     44-5-11.10. Real estate tax classification — East Providence.
     Notwithstanding any provision within § 44-5-11.8 to the contrary:
     (a) Upon the completion of any comprehensive revaluation in accordance with § 44-5-11.6,
the city of East Providence may adopt a tax classification plan by ordinance with the following
limitations:
     (1) The designated classes of property shall be limited to the four (4) classes as defined in
subsection (b).
     (2) The tax rate applicable to any class Class 2 shall not exceed by two hundred percent
(200%) the rate applicable to any other class Class 1.
     (3) Any tax rate changes from one year to the next shall be applied such that the same
percentage rate change is applicable to all classes Beginning with the assessment date of December
31, 2022, and except in any year in which a comprehensive or statistical revaluation is completed,
any tax rate change from one year to the next shall be applied such that the same percentage change
is applicable to all classes.
     (4) Notwithstanding subdivisions (a)(2) and (a)(3), the tax rates applicable to wholesale
and retail inventory within Class 3 as defined in subsection (b) are governed by § 44-3-29.1.
     (5) Notwithstanding subdivisions (a)(2) and (a)(3), the tax rates applicable to motor
vehicles within Class 4 as defined in subsection (b) are governed by § 44-34.1-1.
     (6) The provisions of chapter 35 of this title relating to property tax and fiscal disclosure
applies apply to the reporting of and compliance with these classification restrictions.
     (b) Classes of Property.
     (1) Class 1: Residential real estate consisting of no more than three (3) dwelling units, land
classified as open space, and dwellings on leased land including mobile homes. A homestead
exemption provision is also authorized within this class; provided, however, that the actual effective
rate applicable to property qualifying for this exemption shall be construed as the standard rate for
this class against which the maximum rate applicable to another class shall be determined.
     (2) Class 2: Commercial and industrial real estate, residential properties containing partial
commercial or business uses and residential real estate of more than three (3) dwelling units.
     (3) Class 3: All ratable tangible personal property; excluding wholesale and retail
inventory, which shall be taxed in accordance with § 44-3-29.1.
     (4) Class 4: Motor vehicles and trailers subject to the excise tax created by chapter 34 of
this title.
     SECTION 2. This act shall take effect upon passage.
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LC001495/SUB A
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