Introduced By: Representatives Anderson M, SanBento, Vieira, Coderre and Kilmartin
Date Introduced : January 21, 1999
Referred To: Committee on Corporations
It is enacted by the General Assembly as follows:
SECTION 1. Chapter 44-5 of the General Laws entitled "Levy and Assessment of Local Taxes" is hereby amended by adding thereto the following section:
{ADD 44-5-74. Homestead exemption in the city of Pawtucket. -- ADD} {ADD (a) The city council of the city of Pawtucket is hereby authorized to annually fix the amount, if any, of a homestead exemption with respect to assessed value from local taxation on taxable real property used for residential purposes in the city of Pawtucket and to grant homestead exemptions to the owner(s) of such residential real estate in an amount not to exceed thirty percent (30%) of the assessed value. Any such exemption shall only apply to property used exclusively for residential purposes, and improved with a dwelling containing less than three (3) units. ADD}
{ADD In order to determine compliance with the homestead exemption as outlined above, the city council shall provide by resolution or ordinance rules and regulations governing eligibility for the exemption established by this section. ADD}
{ADD (b) The city council of the city of Pawtucket may provide for a proration of the homestead exemption in cases where title to property passes from those not entitled to the exemption to those who are entitled to claim the exemption. ADD}
SECTION 2. This act shall take effect upon passage.
This act would provide a homestead exemption for residents of the city of Pawtucket for property used exclusively for residential purposes.
This act would take effect upon passage.
