2012 -- S 3003

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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: Senator Donna M. Nesselbush

     Date Introduced: May 24, 2012

     Referred To: Senate 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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     44-3-64. Tax exemption in the City of Pawtucket - Sandra Feinstein - Gamm

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Theatre. -- The city council of the city of Pawtucket may by ordinance or resolution provide an

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exemption from valuation for taxation any real, personal and motor vehicle property owned by

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the Sandra Feinstein – Gamm Theatre, a Rhode Island 501 (c)(3) nonprofit corporation.

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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 city of Pawtucket to exempt from valuation for taxation any

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property owned by the Sandra Feinstein – Gamm Theatre.

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     This act would take effect upon passage.

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LC02700

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