H6320

	2025 -- H 6320
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	LC002895
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	STATE OF RHODE ISLAND
	IN GENERAL ASSEMBLY
	JANUARY SESSION, A.D. 2025
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	A N A C T
	RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

	Introduced By: Representatives McNamara, Shekarchi, Hopkins, Bennett, and Shanley
	Date Introduced: May 09, 2025
	Referred To: House Municipal Government & Housing
	It is enacted by the General Assembly as follows:
1	SECTION 1. Section 44-5-67.2 of the General Laws in Chapter 44-5 entitled "Levy and
2	Assessment of Local Taxes" is hereby amended to read as follows:
3	44-5-67.2. Warwick — Property tax classification — Duties of assessor.
4	The assessor of the city of Warwick, on or before June 15 of each year, shall make a full
5	and fair cash valuation of all the estate, real and personal, including motor vehicles and trailers,
6	subject to taxation, and determine the assessed valuation of each property class. The assessor has
7	the authority to apply different rates of taxation to each class and to determine the tax due and
8	payable on the property; provided, that the rates are pursuant to an annual tax resolution approved
9	in the same manner as is provided for budget approval in the city charter; and provided, further,
10	that the rate of taxation is uniform within each class; and provided, further, that for each year, Class
11	1 property tax rates shall not be less than fifty-seven percent (57%) of Class 2 property tax rates.
12	SECTION 2. This act shall take effect upon passage and shall apply retroactively to the
13	December 31, 2024, assessment.
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	LC002895
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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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1	This act would provide that the tax rate for Class 1 and Class 2 property be uniform and
2	set to the same percentage
3	This act would take effect upon passage and would apply retroactively to the December
4	31, 2024, assessment.
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	LC002895
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