2013 -- H 5916

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LC02094

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

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A N A C T

RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

     Introduced By: Representatives McNamara, and Shekarchi

     Date Introduced: March 26, 2013

     Referred To: House Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 44-5-11.7 of the General Laws in Chapter 44-5 entitled "Levy and

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Assessment of Local Taxes" is hereby amended to read as follows:

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     44-5-11.7. Permanent legislative oversight commission. -- (a) (1) There is created a

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permanent legislative commission on property taxation. The commission consists of the following

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members:

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      (i) Chairperson of the house finance committee, or designee;

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      (ii) Chairperson of the senate finance committee, or designee;

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      (iii) Chief budget analyst of the office of municipal affairs, or designee;

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     (i) Director of administration, or designee;

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     (iv)(ii) The president of the league of cities and towns;

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      (v)(iii) The executive director of the Rhode Island public expenditures council, or

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designee; and

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      (vi)(iv) Three (3) members of the Rhode Island Assessors' Association.

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      (vii)(v) Director of the property valuation within the department of revenue.

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      (2) The commission at its first meeting shall elect a chairperson from its membership.

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      (b) The purpose of the commission is to work in conjunction with Rhode Island

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department of administration, department of revenue and the RIAAO representatives, to study

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and evaluate property tax related issues including, but not limited to:

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      (1) Revaluation process and statistical study after a revaluation;

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      (2) Exemptions and classifications;

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      (3) Uniform depreciation rates; and

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      (4) Any other issues which the commission determines are relevant to the issue of

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property taxation.

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      (c) The members shall receive no compensation for their services. All departments and

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agencies of the state shall furnish advice and information, documentary or otherwise to the

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commission and its agents as is deemed necessary or desirable by the commission to facilitate the

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purposes of the commission.

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      (d) The commission shall meet no less than three (3) times per year and shall report its

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findings and recommendations to the general assembly on an annual basis.

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     SECTION 2. This act shall take effect upon passage.

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LC02094

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

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     This act would change the composition of the permanent legislative oversight

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commission, which would include as a member, the director of administration, or designee.

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     This act would take effect upon passage.

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LC02094

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