It is enacted by the General Assembly as follows:
SECTION 1. Section 44-5-11 of the General Laws in Chapter 44-5 entitled "Levy and Assessment of Local Taxes" is hereby amended to read as follows:
44-5-11. Assessment of valuations -- Apportionment of
levies. -- (a) The assessors in the several towns and cities
shall assess all valuation and apportion the levy of all taxes
legally ordered under the rules and regulations, not repugnant to
law, as the town meetings and city councils, respectively, shall
from time to time prescribe; provided, however, that the
assessors shall revalue all taxable real estate and implement the
revaluation within three (3) years after December 31, 1980 unless
a town or city shall have completed and implemented the
revaluation within seven (7) years prior to December 31, 1980 and
each town or city shall complete and implement a revaluation of
all real estate property each tenth (10th) year after its first
revaluation is implemented under this section unless an earlier
date for revaluation is established; provided further, however,
the city of Woonsocket and the town of Cumberland shall have
until December 31, 1984 to revalue all taxable real estate and
implement the revaluation. Those towns and cities which have both
completed and implemented a revaluation within seven (7) years
prior to December 31, 1980 shall revalue and implement the
revaluation within ten (10) years of the date of the prior
revaluation and each and every tenth (10th) year thereafter;
provided, however, that the city of Providence shall have until
December 31, 1987 to revalue all taxable real estate; provided,
however, that the town of West Warwick shall have until December
31, 1993 to revalue all taxable real estate and implement the
revaluation provided, however, that the town of Warren and the
city of Cranston shall have until December 31, 1994 to revalue
all taxable real estate and implement the revaluation; provided,
however, that the town of Bristol shall have until December 31,
1994 to revalue all taxable real estate and implement the
revaluation; provided, however, that the town of Narragansett
shall have until December 31, 1992 to revalue all taxable real
estate and implement the revaluation; provided, however, that the
city of Pawtucket and the town of Burrillville shall have until
December 31, 1995 to revalue all taxable real estate and
implement the revaluation; provided, however, that the city of
Central Falls and the towns of Johnston, North Smithfield and
Lincoln shall have until December 31, 1993 to revalue all taxable
real estate and implement the revaluation; provided however, that
the city of East Providence shall have until December 31,
1995 {ADD 1996 ADD} to revalue all taxable real estate and
implement the revaluation; provided however, that the city of
Cranston shall have until December 31, 1994 to revalue all
taxable real estate and implement the revaluation.
(b) The assessors of the respective cities and towns shall certify in writing to the department of administration of their proposed schedule of each revaluation and shall further certify in writing to the department when the revaluation is completed.
At the completion of the revaluation, the certification shall include a tax rate, based upon the new valuation, which would have provided the same ad valorem revenue for the town or city as is being raised during the current town or city budget year.
SECTION 2. This act shall take effect upon passage.
