2012 -- H 7161

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LC00644

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2012

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A N A C T

RELATING TO TAXATION

     Introduced By: Representatives Petrarca, Winfield, Carnevale, Palumbo, and Ucci

     Date Introduced: January 18, 2012

     Referred To: House Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 44-5 of the General Laws entitled “Levy and Assessment of Local

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Taxes" is hereby amended by adding thereto the following section:

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     44-5-83. Tax Treaties required with Educational Institutions. – Notwithstanding any

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of the provisions of title 44 or any other general law, any university, college or other non-profit

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educational institution which has not entered into a tax treaty with the municipality wherein it is

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located, shall not be considered tax exempt and its real and personal property shall be subject to

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taxation by the municipality in the same manner as other businesses taxed by the municipality.

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     SECTION 2. This act shall take effect upon passage.

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LC00644

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO TAXATION

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     This act would provide that a non-profit educational institution which does not enter into

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a tax treaty with the municipality wherein it is located shall not be considered tax exempt.

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     This act would take effect upon passage.

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LC00644

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