Chapter 086 |
2025 -- S 1097 Enacted 06/18/2025 |
A N A C T |
RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES |
Introduced By: Senators McKenney, Appollonio, and LaMountain |
Date Introduced: May 23, 2025 |
It is enacted by the General Assembly as follows: |
SECTION 1. Section 44-5-67.2 of the General Laws in Chapter 44-5 entitled "Levy and |
Assessment of Local Taxes" is hereby amended to read as follows: |
44-5-67.2. Warwick — Property tax classification — Duties of assessor. |
The assessor of the city of Warwick, on or before June 15 of each year, shall make a full |
and fair cash valuation of all the estate, real and personal, including motor vehicles and trailers, |
subject to taxation, and determine the assessed valuation of each property class. The assessor has |
the authority to apply different rates of taxation to each class and to determine the tax due and |
payable on the property; provided, that the rates are pursuant to an annual tax resolution approved |
in the same manner as is provided for budget approval in the city charter; and provided, further, |
that the rate of taxation is uniform within each class; and provided, further, that for each year, Class |
1 property tax rates shall not be less than fifty-seven percent (57%) of Class 2 property tax rates. |
SECTION 2. This act shall take effect upon passage and shall apply retroactively to the |
December 31, 2024, assessment. |
======== |
LC002955 |
======== |