| Chapter 044 |
| 2023 -- S 0979 SUBSTITUTE A Enacted 06/07/2023 |
| A N A C T |
| RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES |
Introduced By: Senators McKenney, LaMountain, and DeLuca |
| Date Introduced: May 15, 2023 |
| It is enacted by the General Assembly as follows: |
| SECTION 1. Section 44-5-67.2 of the General Laws in Chapter 44-5 entitled "Levy and |
| Assessment of Local Taxes" is hereby amended to read as follows: |
| 44-5-67.2. Warwick — Property tax classification — Duties of assessor. |
| The assessor of the city of Warwick, on or before June 15 of each year, shall make a full |
| and fair cash valuation of all the estate, real and personal, including motor vehicles and trailers, |
| subject to taxation, and determine the assessed valuation of each property class. The assessor has |
| the authority to apply different rates of taxation to each class and to determine the tax due and |
| payable on the property; provided, that the rates are pursuant to an annual tax resolution approved |
| in the same manner as is provided for budget approval in the city charter; provided, further, that |
| the rate of taxation is uniform within each class; and provided, further, that for each year, Class 1 |
| property tax rates shall not be less than seventy-five percent (75%) fifty-seven percent (57%) of |
| class two (2) Class 2 property tax rates. |
| SECTION 2. This act shall take effect upon passage and shall apply retroactively to the |
| December 31, 2022 assessment. |
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| LC002963/SUB A |
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