2010 -- H 7113

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LC00269

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2010

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A N A C T

RELATING TO TAXATION

     Introduced By: Representative Scott M. Pollard

     Date Introduced: January 13, 2010

     Referred To: House Judiciary

It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 44-5 of the General Laws entitled "Levy and Assessment of Local

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Taxes" is hereby amended by adding thereto the following section:

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     44-5-26.1. Reimbursement of costs and damages. – Any owner of real property, who

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successfully challenges or appeals a property assessment within ninety (90) days of the actual

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notice, shall be reimbursed for all costs, plus five and one- half percent (5.5%) of the amount of

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the reduction, plus attorney’s fees. The municipality may elect to credit the next tax bill;

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provided, further, the revaluation company shall be liable to the municipality for reimbursement

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of all charges.

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     SECTION 2. This act shall take effect upon passage.

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LC00269

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO TAXATION

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     This act would provide for reimbursement to the taxpayer upon a successful appeal and

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reduction of the real estate assessment of all costs and damages including attorney’s fees.

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     This act would take effect upon passage.

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LC00269

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