Chapter 452 |
2024 -- H 7109 Enacted 06/29/2024 |
A N A C T |
RELATING TO TOWNS AND CITIES -- REDEVELOPMENT PROJECTS |
Introduced By: Representatives Voas, Giraldo, Alzate, Cruz, Hull, DeSimone, Potter, Slater, and O'Brien |
Date Introduced: January 10, 2024 |
It is enacted by the General Assembly as follows: |
SECTION 1. Section 45-32-40 of the General Laws in Chapter 45-32 entitled |
"Redevelopment Projects" is hereby amended to read as follows: |
45-32-40. Taxation of real property acquired. |
All real property acquired by an agency for redevelopment purposes is subject to taxation |
in the same manner and at the same rate as other real property in the community unless the real |
property is located in the city of Providence, the city of Central Falls, or the city of Pawtucket and |
is exempted by an ordinance enacted by the city council. |
SECTION 2. This act shall take effect upon passage. |
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LC003904 |
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