2012 -- S 3010 SUBSTITUTE A

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LC02708/SUB 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: Senator Dawson T. Hodgson

     Date Introduced: May 24, 2012

     Referred To: Senate Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 44-3-5 of the General Laws in Chapter 44-3 entitled "Property

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Subject to Taxation" is hereby amended to read as follows:

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     44-3-5. Gold star parents' exemption. -- Gold star parents' exemptions and credits. -

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- (a) The property of every person whose son or daughter has served with the armed forces of the

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United States of America and has lost his or her life as a result of his or her service with the

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armed forces of the United States of America, providing the death was determined to be in the

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line of duty, shall be exempted from taxation to the amount of three thousand dollars ($3,000) in

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accordance with similar provisions of section 44-3-4 applying to honorably discharged veterans

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of the armed forces; provided, that there shall be but one exemption granted where both parents

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of the deceased son or daughter are living; provided:

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      (1) Cranston. - The city of Cranston may provide, by ordinance, an exemption from

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taxation not to exceed forty-five hundred dollars ($4,500);

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      (2) Warren. - The town of Warren may provide, by ordinance, an exemption from

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taxation not to exceed nine thousand two hundred dollars ($9,200);

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      (3) Cumberland. - The town of Cumberland may provide, by ordinance, an exemption

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not to exceed twenty-three thousand seven hundred seventy-two dollars ($23,772) for persons

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receiving a gold star exemption;

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      (4) North Providence. - The town of North Providence may provide, by ordinance, an

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exemption not to exceed five thousand dollars ($5,000) for persons receiving a gold star

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exemption;

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      (5) Smithfield. - The town of Smithfield may provide, by ordinance, an exemption not to

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exceed six thousand dollars ($6,000) for persons receiving a gold star exemption;

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      (6) Westerly. - The town of Westerly may provide, by ordinance, an exemption on the

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total value of real and personal property not to exceed forty-six thousand five hundred dollars

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($46,500);

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      (7) Barrington. - The town of Barrington may provide, by ordinance, an exemption not to

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exceed six thousand dollars ($6,000) for real property for persons receiving a gold star

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exemption;

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      (8) Jamestown. - The town of Jamestown may provide, by ordinance, an exemption on

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the total value of real and personal property not to exceed five thousand dollars ($5,000); and

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      (9) Lincoln. - The town of Lincoln may provide, by ordinance, an exemption not to

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exceed five thousand dollars ($5,000) for persons receiving a gold star exemption.

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      (10) West Warwick. - The town of West Warwick may provide by ordinance, an

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exemption not to exceed two hundred twenty-five dollars ($225) for person receiving a gold star

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exemption.

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     (11) East Greenwich. - The town of East Greenwich may provide by ordinance, a tax

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credit against taxes otherwise due on real property in the amount of one hundred fifteen dollars

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($115) for persons eligible to receive a gold star exemption pursuant to this section, one parent

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only.

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      (b) The adjustment shall be made to reflect the same monetary savings that appeared on

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the property tax bill that existed for the year prior to reevaluation of the real property. If any

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provision of this section is held invalid, the remainder of this section and the application of its

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provisions shall not be affected by that invalidity.

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     SECTION 2. This act shall take effect upon passage.

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LC02708/SUB A

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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 allow the town of East Greenwich to provide a tax credit on real property

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in the amount of one hundred fifteen dollars ($115) for persons eligible to receive a gold star

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exemption.

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     This act would take effect upon passage.

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LC02708/SUB A

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