CHAPTER 350

95-H 6819

Effective Without the Governor's Signature Jul. 5, 1995.

AN ACT RELATING TO TAXATION -- PROPERTY TAX EXEMPTIONS, TOWN OF BRISTOL

It is enacted by the General Assembly as follows:

SECTION 1. Chapter 44-3 of the General Laws entitled "Property Subject to Taxation" is hereby amended by adding thereto the following section:

{ADD 44-3-25.1. Maximum exemptions in the town of Bristol. -- ADD} {ADD The maximum exemption from taxation for residents of the town of Bristol under any of the provisions of this chapter shall not exceed the sum of fifty thousand dollars ($50,000) of valuation in a given calendar year. ADD}

SECTION 2. This act shall take effect upon passage and shall apply retroactively to December 31, 1994.


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