2012 -- H 8149 SUBSTITUTE A

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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 - PROPERTY SUBJECT TO TAXATION

     Introduced By: Representatives Hull, and San Bento

     Date Introduced: May 09, 2012

     Referred To: House Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 44-3 of the General Laws entitled "Property Subject to Taxation" is

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hereby amended by adding thereto the following section:

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     44-3-15.3.1. Smithfield -- Exemption of Special Olympics Rhode Island, Inc. – The

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town council of the town of Smithfield may exempt from taxation the Special Olympics Rhode

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Island, Inc.

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     SECTION 2. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO TAXATION - PROPERTY SUBJECT TO TAXATION

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     This act would authorize the town of Smithfield to exempt Special Olympics Rhode

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Island, Inc. from taxation.

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     This act would take effect upon passage.

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LC02545/SUB A

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