H5676

	2021 -- H 5676
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	LC001717
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	STATE OF RHODE ISLAND
	IN GENERAL ASSEMBLY
	JANUARY SESSION, A.D. 2021
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	A N A C T
	RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

	Introduced By: Representative Alex D. Marszalkowski
	Date Introduced: February 24, 2021
	Referred To: House Finance
	It is enacted by the General Assembly as follows:
1	SECTION 1. Section 44-5-12.1 of the General Laws in Chapter 44-5 entitled "Levy and
2	Assessment of Local Taxes" is hereby amended to read as follows:
3	44-5-12.1. Assessment of tangible personal property.
4	(a) All tangible personal property subject to taxation shall be assessed for taxation based
5	on the original purchase price (new or used) including all costs such as freight and installation.
6	Assets will be classified and depreciated as defined in this section.
7	(b) The following classification and depreciation table shall be used in determining the
8	assessed value of tangible personal property.
9	State of Rhode Island Tangible Property Classification
10	Class of Assets Class I Short Life Class II Mid-Life Class III
11	Long Life
12	Age 1-5 yrs 6-12 yrs 13+ yrs
13	1 95 95 95
14	2 80 90 90
15	3 60 80 85
16	4 30 70 80
17	5 20 60 75
18	6 20 50 70
19	7 20 40 65

1	8 20 30 60
2	9 20 30 55
3	10 20 30 50
4	11 20 30 45
5	12 20 30 40
6	13 20 30 35
7	14 20 30 30
8	15+ 20 30 30
9	Assets Shall Not be Trended
10	(c) Assets shall be classified on an annual basis by the Rhode Island Association of
11	Assessing Officers' Personal Property Committee based on the following table:
12	INDUSTRY GROUP IN YEARS CLASS
13	Agriculture machinery and equipment II
14	Aircraft and all helicopters II
15	Amusement and theme parks II
16	Apparel and fabricated textile manufacturing II
17	Automobile repair shops II
18	Bakeries and confectionery production II
19	Barber and beauty shops II
20	Billboards III
21	Brewery equipment not used directly in manufacturing II
22	Cable television: All equipment including set top boxes, remotes, and other
23	related equipment II
24	aerial, underground, and drops, including MDUS III
25	Headend facilities II
26	Headend equipment I
27	Subscriber connection and distribution network
28	Coax cable II
29	Fiber cable III
30	Network electronics I
31	Customer premises equipment I
32	Canneries and frozen food production II
33	Cement processing III
34	Chemical and allied production II
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1	Clay products processing III
2	Cold storage and ice-making equipment III
3	Cold storage warehouse equipment II
4	Computers, personal computers (PC), laptops, tablets, cellphones,
5	mainframe/servers, peripherals, keyboard, mouse I
6	Condiments, processing II
7	Construction equipment, general construction, backhoes, forklifts, loaders,
8	cranes, unregistered vehicles II
9	Dairy products processing II
10	Data handling equipment, except computers II
11	printers, copiers, bridges, routers and gateways II
12	Distilling II
13	Electrical equipment not used in manufacturing II
14	Electronic equipment II
15	Fabricated metal products/special tools II
16	Fishing equipment, excluding boats and barges, lines, nets I
17	Food and beverage production II
18	Fur processing II
19	Gas distribution, total distribution equipment III
20	Glass and glass products/special tools II
21	Grain and grain mill products processing III
22	Gypsum products III
23	Hand tools II
24	Hospital furnishings and equipment II
25	Hotel and motel furnishings and equipment II
26	Jewelry products and pens II
27	Knitwear and knit products, ex, work uniforms I
28	Laundry equipment II
29	Leather and leather products II
30	Logging, timber cutting II
31	Marine construction II
32	Meatpacking II
33	Medical and dental supply production II
34	Metalworking machinery processing II
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1	Mining and quarrying II
2	Motion picture and television production II
3	Motor vehicle and parts/special tools II
4	Office furniture and equipment II
5	Optical lenses and instrument processing II
6	Paints and varnishes I
7	Petroleum refining III
8	pipeline transportation III
9	Plastics manufacturing I/II
10	Plastic products processing/special tools II
11	Primary metals production, nonferrous and foundry products III
12	special tools III
13	Primary steel mill products III
14	Printing and publishing II
15	Professional and scientific instruments II
16	Radio and television, broadcasting II
17	Railroad transportation equipment II
18	locomotive II
19	Recreation and amusement II
20	Retail trades, fixtures and equipment II
21	Residential furniture II
22	Restaurant and bar equipment II
23	Restaurant equipment, fast foods II
24	Rubber products processing/special tools II
25	Sawmills, permanent/portable II.
26	Service establishments II
27	Ship and boat building equipment/special tools II
28	Soft drink processing and bottling II
29	Stone products processing III
30	Telecommunications, local and interstate II
31	analog switching II
32	circuit, digital, analog, optic II
33	information/origination equipment I/II
34	smart phones I
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1	metallic cable III
2	fiber cable, poles, conduit III
3	all other equipment II
4	Telecommunications, cellular
5	analog/digital switching II
6	radio frequency channel and control II
7	power equipment II
8	antennae II
9	towers III
10	transmission equipment II
11	cellular phones I
12	Textile products, including finishing and dyeing II
13	yarn, thread and woven fabrics II
14	Theater equipment II
15	Utilities/power production III
16	generation, transmission, or distribution equipment III
17	Waste reduction and resource recovery II
18	Water transportation III
19	vessels, barges and tugs III
20	Water utilities III
21	Wharves, docks and piers III
22	Wholesale trade fixtures and equipment II
23	Wood products and furniture manufacturing II
24	(d) Any industry, group, or asset not enumerated in subsection (c) of this section, shall be
25	categorized as class II.
26	SECTION 2. This act shall take effect upon passage.
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	LC001717
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	EXPLANATION
	BY THE LEGISLATIVE COUNCIL
	OF
	A N A C T
	RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES
	***
1	This act would change the tax classifications for cable television assets.
2	This act would take effect upon passage.
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	LC001717
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