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2012 -- S 2872 SUBSTITUTE A | |
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LC02418/SUB A | |
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STATE OF RHODE ISLAND | |
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IN GENERAL ASSEMBLY | |
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JANUARY SESSION, A.D. 2012 | |
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A N A C T | |
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AUTHORIZING THE CITY OF WOONSOCKET TO IMPOSE A SUPPLEMENTAL TAX | |
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FOR THE FISCAL YEAR 2011-2012 | |
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Introduced By: Senators DaPonte, and Ruggerio | |
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Date Introduced: April 12, 2012 | |
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Referred To: Senate Finance | |
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It is enacted by the General Assembly as follows: | |
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SECTION 1. In order to maintain a balanced budget and to prevent a deficit now |
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projected for the current fiscal year, and notwithstanding any provision of law, general, special, |
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any provisions of the home rule charter of the city of Woonsocket, any municipal ordinance or |
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existing judicial decision, the city of Woonsocket is authorized to levy an additional tax on the |
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ratable property of the city, including motor vehicles and trailers, for the current fiscal year in |
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such sum, not to exceed six million six hundred thousand dollars ($6,600,000), as shall be set by |
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ordinance or resolution of the city council, with the approval of the mayor. The additional tax |
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with respect to motor vehicles and trailers shall not be subject to the provisions of subdivision 44- |
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34.1-1(c)(4) freezing excise tax rates at a level identical to the rate in effect for fiscal year 1998 or |
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a lesser rate. For the city’s fiscal year 2012-2013 and thereafter, the excise tax rate for motor |
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vehicles and trailers shall not exceed the city’s excise tax rate in effect for the fiscal year 1998. |
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Such additional tax shall become part of the certified tax levy for the city’s fiscal year 2011-2012 |
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for purposes of calculating the maximum property tax levy according to section 44-5-2 of the |
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general laws for the city’s fiscal year 2012-2013, and shall also not be subject to the maximum |
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levy limitations of section 44-5-2 of the general laws for the city’s fiscal year 2011-2012. Such |
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additional tax is in part to support a special appropriation to be made by the Woonsocket city |
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council to the Woonsocket education department for the fiscal year 2011-2012. Notwithstanding |
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any provisions of section 16-7-23 of the general laws, such special appropriation to the |
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Woonsocket education department shall not be taken into account in determining the city of |
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Woonsocket’s requirement going forward to contribute local funds in an amount not less than its |
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local contribution in the previous fiscal year. Said tax shall be apportioned upon the assessed |
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valuations as determined by the assessor of the city of Woonsocket to the finance director of the |
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city of Woonsocket, as soon as practicable. Within seven (7) days succeeding the certification the |
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assessor shall cause to be published in a newspaper of general circulation within the city of |
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Woonsocket, the rate of tax and the percentage of fair market value employed in assessing the |
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tax. The city shall provide for the payment of said tax in installments as follows: |
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Said tax may be paid in one installment on a date as shall be set by the city council by |
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ordinance or resolution, but no later than June 15, 2012, and shall carry penalties and interest as |
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by ordinance the city council shall prescribe. No tax sale shall be conducted by the city prior to |
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June 15, 2013 for non-payment of the supplemental tax. |
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In all other respects, the provision of chapters 44-5, 44-7, 44-8, 44-9 and 44-34 of the |
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general laws shall be applicable to the assessment, levy and collection of said tax. |
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SECTION 2. This act shall take effect upon passage. |
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LC02418/SUB A | |
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EXPLANATION | |
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BY THE LEGISLATIVE COUNCIL | |
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OF | |
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A N A C T | |
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AUTHORIZING THE CITY OF WOONSOCKET TO IMPOSE A SUPPLEMENTAL TAX | |
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FOR THE FISCAL YEAR 2011-2012 | |
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This act would allow the city of Woonsocket for the fiscal year 2011-2012 to levy an |
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additional tax on ratable property of the city including motor vehicles and trailers not to exceed |
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($6,600,000) six million six hundred thousand dollars. |
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This act would take effect upon passage. |
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LC02418/SUB A | |
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