It is enacted by the General Assembly as follows:
SECTION 1. Section 44-3-26 of the General Laws in Chapter 44-3 entitled "Property Subject to Taxation" is repealed in its entirety.
{DEL 44-3-26. Real estate tax exemption for disabled in Bristol. -- DEL} {DEL (a) The town council of the town of Bristol is hereby authorized to provide by ordinance for an exemption not to exceed five thousand dollars ($5,000) on assessed value from local taxation on real residential property for any person who meets the following four (4) requirements:
(1) Head of household;
(2) Be determined by the social security administration to be totally disabled;
(3) Has an annual gross income of less than fifteen thousand dollars ($15,000); and
(4) Is occupied as a domicile of the disabled person.
(b) In no case shall the real residential property be entitled to more than one five thousand dollar ($5,000) exemption even though occupied and designated as a domicile by more than one disabled person.
(c) Any person who is claiming an exemption under the ordinance pursuant to this section shall not be eligible for tax exemptions under any other acts or ordinances of the town of Bristol.
(d) The exemption shall not be allowed unless the person entitled thereto shall have presented to the assessors, on or before the last day on which sworn statements may be filed with the assessors for the year for which the foregoing is claimed, due evidence that he or she is so entitled.
(e) Upon attaining the age of seventy five (75) years, the totally disabled person shall no longer be entitled to this exemption.
(f) Any totally disabled person between the age of sixty five (65) and seventy five (75) years who is claiming an exemption under the ordinance pursuant to this section shall not be eligible for the property tax exemption as provided in public laws, 1981, chapter 57. DEL}
SECTION 2. This act shall take effect upon passage and shall apply retroactively to December 31, 1994.