12-LA139

2012 -- H 8128

Enacted 06/25/12

A N A C T

INCREASING THE MAXIMUM TAX EXEMPTION OF THE BOYS AND GIRLS CLUB OF PAWTUCKET

Introduced By: Representatives Messier, Johnston, O`Grady, E Coderre, and O`Neill

Date Introduced: May 08, 2012

It is enacted by the General Assembly as follows:

SECTION 1. Section 2 of an act entitled “An act to incorporate Pawtucket Boys Club, of

Pawtucket, Rhode Island passed at the January session A. D. 1902, and amended in the January

1962 session, further amended in the January 1987 session and further amended in the January

2002 session, is hereby further amended to read as follows:

SECTION 2. Said corporation may take, hold, transmit, and convey real, mixed, and

personal estate to an amount not exceeding ten million dollars, which Property, real mixed, and

personal held and possessed by said corporation not exceeding ten twenty-five million dollars,

shall be exempt from taxation so long as said property shall be occupied exclusively for the

objects set out in this act of incorporation, and not other.

SECTION 3. This act shall take effect upon passage.

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LC02560

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