2013 -- S 0696 | |
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LC01462 | |
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STATE OF RHODE ISLAND | |
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IN GENERAL ASSEMBLY | |
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JANUARY SESSION, A.D. 2013 | |
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____________ | |
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A N A C T | |
RELATING TO TOWNS AND CITIES - RHODE ISLAND COMMUNITY PRESERVATION | |
ACT | |
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     Introduced By: Senators DiPalma, Sosnowski, and Ottiano | |
     Date Introduced: March 06, 2013 | |
     Referred To: Senate Housing & Municipal Government | |
It is enacted by the General Assembly as follows: | |
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     SECTION 1. Title 45 of the General Laws entitled "TOWNS AND CITIES" is hereby |
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amended by adding thereto the following chapter: |
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     CHAPTER 24.6 |
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RHODE ISLAND COMMUNITY PRESERVATION ACT |
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     45-24.6-1. Short title. – This chapter shall be known and may be cited as the "Rhode |
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Island Community Preservation Act." |
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     45-24.6-2. Findings and purposes. – The general assembly finds and declares that: |
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     (1) Capital investments in our communities are essential to protecting their character, |
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environment, heritage, affordability, quality of life, and economic vitality; |
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     (2) Cities and towns need capital funding to protect special open spaces, working farms, |
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natural areas, and historic landmarks, as well as, to create parks, outdoor recreation facilities and |
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housing that support all residents’ health and wellbeing; and |
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     (3) Cities and towns need a reliable "pay as you go" source of funding for these capital |
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investments to reduce dependence on bond funding. |
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     Therefore, the general assembly is providing cities and towns with the authority to |
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propose, for consideration and decision by their voters, a reliable source of capital funding for |
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investing in their community. The general assembly is also creating a dedicated state funding |
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source to provide matching funds for communities that choose to adopt the community |
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preservation act. |
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     45-24.6-3. Definitions. – As used in this chapter, the following words shall, unless the |
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context clearly indicates a different meaning, have the following meanings: |
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     (1) "Acquire" means obtain by gift, purchase, devise, grant, rental, rental purchase, lease |
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or otherwise. |
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     (2) "Capital improvement" means reconstruction or alteration of real property that: (i) |
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Materially adds to the value of the real property, or appreciably prolongs the useful life of the real |
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property; (ii) Becomes part of the real property or is permanently affixed to the real property so |
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that removal would cause material damage to the property or article itself; and (iii) Is intended to |
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become a permanent installation or is intended to remain there for an indefinite period of time. |
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     (3) "Community housing" means low or moderate income housing for individuals and |
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families, including low or moderate income senior housing. |
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     (4) "Community preservation" means the acquisition, creation and preservation of open |
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space, the acquisition, creation and preservation of historic resources and the creation and |
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preservation of community housing. |
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     (5) "Community preservation committee" means the committee established by the city or |
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town council of a city or town to make recommendations for community preservation, as |
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provided in section 45-24.6-6. |
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     (6) "Community preservation fund" means the municipal fund established under section |
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45-24.6-8. |
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     (7) "CP" means community preservation. |
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     (8) "Historic resources" means any real property, structure, natural object, place, |
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landmark, landscape, archaeological site or configuration or any portion or group of the preceding |
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which has been listed on the federal or state register of historic places or that is considered by the |
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Rhode Island historical preservation and heritage commission to meet the eligibility criteria for |
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listing on the state register of historic places pursuant to section 42-45-5 or is located in a historic |
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district established by a municipality in accordance with chapter 45-24.1, "Historic Area Zoning." |
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     (9) "Maintenance" means incidental repairs which neither materially add to the value of |
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the property or appreciably prolong the property’s life, but keep the property in a condition of |
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fitness, efficiency or readiness. |
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     (10) "Low or moderate income housing" means any housing, whether built or operated |
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by any public agency or any nonprofit organization, or by any limited equity housing cooperative |
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or any private developer, that is subsidized by a federal, state, or municipal government subsidy |
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under any program to assist the construction or rehabilitation of housing affordable to low or |
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moderate income households, as defined in the applicable federal or state statute, or local |
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ordinance and that will remain affordable through a land lease and/or deed restriction for ninety- |
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nine (99) years or such other period that is either agreed to by the applicant and town or |
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prescribed by the federal, state, or municipal government subsidy program but that is not less than |
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thirty (30) years from initial occupancy. |
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     (11) "Open space" means, but is not limited to, land to protect existing and future well |
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fields, aquifers and recharge areas, watershed land, agricultural land, grasslands, fields, forest |
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land, fresh and salt water marshes and other wetlands, ocean, river, stream, lake and pond |
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frontage, beaches, dunes and other coastal lands, lands to protect scenic vistas, land for wildlife or |
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nature preserve, and land for recreational use. |
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     (12) "Preservation" means protection of personal or real property from injury, harm, or |
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destruction. |
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     (13) "Real property" means land, buildings, appurtenant structures and fixtures attached |
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to buildings or land, including, where applicable, real property interests. |
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     (14) "Real property interest" means a present or future legal or equitable interest in or to |
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real property, including easements and restrictions, and any beneficial interest therein, including |
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the interest of a beneficiary in a trust which holds a legal or equitable interest in real property, but |
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shall not include an interest which is limited to the following: an estate at will or at sufferance and |
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any estate for years having a term of less than thirty (30) years; the reversionary right, condition |
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or right of entry for condition broken; the interest of a mortgagee or other secured party in a |
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mortgage or security agreement. |
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     (15) "Recreational use" means active or passive recreational use including, but not |
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limited to, the use of land for community gardens, trails, and noncommercial youth and adult |
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sports, and the use of land as a park, playground or athletic field. "Recreational use" shall not |
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include horse or dog racing or the use of land for a stadium, gymnasium or similar structure. |
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     (16) "Rehabilitation" means capital improvements, or the making of extraordinary |
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repairs to historic resources, open spaces, lands for recreational use and community housing for |
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the purpose of making such historic resources, open spaces, lands for recreational use and |
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community housing functional for their intended uses, including, but not limited to, |
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improvements to comply with the Americans with disabilities act and other federal, state or local |
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building or access codes; provided, that with respect to historic resources, "rehabilitation" shall |
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comply with the standards for rehabilitation stated in the United States secretary of the interior’s |
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standards for the treatment of historic properties codified in 36 C.F.R. part 68; and provided |
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further, that with respect to land for recreational use, "rehabilitation" shall include the |
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replacement of playground equipment and other capital improvements to the land or the facilities |
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thereon which make the land or the related facilities more functional for the intended recreational |
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use. |
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     (17) "Support of community housing" means, but is not limited to, programs that provide |
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grants, loans, rental assistance, security deposits, interest-rate write downs or other forms of |
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assistance directly to individuals and families who are eligible for community housing, or to an |
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entity that owns, operates or manages such housing, for the purpose of making housing |
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affordable. |
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     45-24.6-4. Voter approval required. – (a) Any ordinance providing for the |
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implementation of sections 45-24.6-4 through 45-24.6-8, which has been duly adopted by a city |
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or town, shall only be effective upon its approval by the voters of the city or town through a ballot |
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question as set forth in this section. |
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     (b) The city or town council may vote to accept sections 45-24.6-4 through 45-24.6-8, |
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inclusive, by approving a surcharge on real property of not more than three percent (3%) of the |
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real estate tax levy against real property, as determined annually by the assessor. The amount of |
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the surcharge shall not be included in a calculation of total maximum levy for purposes of section |
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44-5-2. |
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     (c) All exemptions and abatements of real property authorized by chapter 44-3 ("Property |
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Subject to Taxation"), section 44-3-3, or any other law for which a taxpayer qualifies as eligible |
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shall not be affected by this section. A taxpayer receiving an exemption of real property |
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authorized by chapter 44-3, section 44-3-3, or any other law shall be exempt from any surcharge |
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on real property established under this section. The surcharge to be paid by a taxpayer receiving |
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an abatement of real property authorized by chapter 44-3, section 44-3-3, or any other law shall |
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be reduced in proportion to the amount of such abatement. |
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     (d) Any amount of the surcharge not paid by the due date shall bear interest at the rate per |
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annum provided in section 44-5-9. |
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     (e) The city or town council may also vote to accept one or more of the following |
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exemptions: |
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     (1) For property owned and occupied as a domicile by a person who would qualify for |
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low or moderate income housing in the city or town; |
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     (2) For commercial and industrial properties in cities or towns with classified tax rates; or |
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     (3) For one hundred thousand dollars ($100,000) of the value of each taxable parcel of |
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residential real property; or |
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     (4) For one hundred thousand dollars ($100,000) of the value of each taxable parcel of |
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commercial property and industrial property. |
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     (f) Upon approval by the city or town council, the actions of the body shall be submitted |
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for acceptance to the voters of a city or town at the next regular or special municipal or state |
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election. The city or town clerk or the secretary of state shall place the proposition on the ballot |
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in the form of the following question: |
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     "Shall this (city or town) accept sections 45-24.6-4 through 45-24.6-8, inclusive of |
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chapter 45 of the general laws, as approved by its city or town council, a summary of which |
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appears below?" |
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     (Set forth here a fair, concise summary and purpose of the law to be acted upon, as |
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determined by the city or town solicitor, including in said summary the percentage of the |
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surcharge to be imposed.) |
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     If a majority of the voters voting on said question vote in the affirmative, then its |
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provisions shall take effect in the city or town, but not otherwise. |
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     45-24.6-5. Imposition of surcharge. – (a) Upon acceptance of sections 45-24.6-4 |
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through 45-24.6-8, inclusive, and upon the assessor's warrant to the tax collector, the accepted |
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surcharge shall be imposed. |
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     (b) After receipt of the warrant, the tax collector shall collect the surcharge in the amount |
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and according to the computation specified in the warrant and shall pay the amounts so collected, |
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quarterly, according to the schedule for collection of property taxes for the tax on real property, to |
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the city's or town's treasurer. The tax collector shall cause appropriate books and accounts to be |
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kept with respect to such surcharge, which shall be subject to public examination upon reasonable |
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request from time to time. |
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     (c) The remedies provided by section 44-7 for the collection of taxes upon real estate |
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shall apply to the surcharge on real property pursuant to this section. |
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     45-24.6-6. Community preservation committee. – (a) A city or town that accepts |
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sections 45-24.6-4 through 45-24.6-8, inclusive, shall establish by ordinance a community |
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preservation committee. The committee shall consist of not less than five (5) nor more than nine |
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(9) members. The ordinance shall determine the composition of the committee, the length of its |
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term and the method of selecting its members, whether by election or appointment or by a |
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combination thereof. The committee shall include, but not be limited to: one member of the |
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planning board established under section 45-22-1 as designated by the board; one member of the |
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municipal land trust or non-profit land trust established per paragraph 42-17.1-2(28)(ii) |
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designated by the land trust; if no land trust exists, one member of the conservation commission |
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established pursuant to chapter 45-35 ("Conservation Commissions") as designated by the |
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commission; one member representing historical preservation interests; one member representing |
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park and outdoor recreation interests and one member representing affordable housing interests, |
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or persons, as determined by the ordinance or bylaw, acting in the capacity of or performing like |
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duties of the commissions, board, or authority if they have not been established in the city or |
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town. If there are no persons acting in the capacity of or performing like duties of any such |
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commission, board, or authority, the ordinance or bylaw shall outline an appointment process that |
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assures that membership of the community preservation committee shall include individuals |
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appointed with knowledge and interest in each subject matter: land conservation, parks, historic |
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preservation, and community housing. |
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     (b)(1) The community preservation committee shall study the needs, possibilities, and |
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resources of the city or town regarding community preservation, including the consideration of |
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regional projects for community preservation. The committee shall consult with existing |
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municipal boards, including the conservation commission, the historical commission, the |
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planning board, the board of park commissioners, and the housing authority, or persons acting in |
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those capacities or performing like duties, in conducting such studies. As part of its study, the |
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committee shall hold one or more public informational hearings on the needs, possibilities, and |
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resources of the city or town regarding community preservation possibilities and resources, notice |
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of which shall be posted publicly and published for each of two (2) weeks preceding a hearing in |
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a newspaper of general circulation in the city or town. |
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     (2) The community preservation committee shall make recommendations to the city or |
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town council for the acquisition, creation, and preservation of open space; for the acquisition, |
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preservation, rehabilitation, and restoration of historic resources; for the acquisition, creation, |
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preservation, rehabilitation, and restoration of land for recreational use; for the acquisition, |
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creation, preservation, and support of community housing; and for rehabilitation or restoration of |
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open space and community housing that is acquired or created as provided in this section; |
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provided, however, that funds expended pursuant to this section shall not be used for |
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maintenance. With respect to community housing, the community preservation committee shall |
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recommend, wherever possible, the reuse of existing buildings or construction of new buildings |
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on previously developed sites. With respect to recreational use, the acquisition of artificial turf for |
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athletic fields shall be prohibited. |
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     (3) The community preservation committee may include in its recommendation to the |
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city or town council a recommendation to set aside for later spending funds for specific purposes |
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that are consistent with community preservation but for which sufficient revenues are not then |
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available in the community preservation fund to accomplish that specific purpose. |
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     (c) The community preservation committee shall not meet or conduct business without |
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the presence of a quorum. A majority of the members of the community preservation committee |
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shall constitute a quorum. The community preservation committee shall approve its actions by |
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majority vote. Recommendations to the city or town council shall include their anticipated costs. |
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     (d) After receiving recommendations from the community preservation committee, the |
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city or town council shall take such action and approve such appropriations from the community |
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preservation fund as set forth in section 45-24.6-8 and such additional non-community |
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preservation fund appropriations as it deems appropriate to carry out the recommendations of the |
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community preservation committee. |
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     (f) No real property, or interest therein, shall be acquired by any city or town for a price |
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exceeding the value of the property as determined by such city or town through procedures |
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customarily accepted by the appraising profession as valid. |
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     A city or town may appropriate money in any year from the community preservation fund |
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to an affordable housing trust fund. |
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     45-24.6-7. Minimum spending requirements for community preservation fund. – (a) |
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In each fiscal year and upon the recommendation of the community preservation committee, the |
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city or town council shall spend, or set aside for later spending, not less than ten percent (10%) of |
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the annual revenues in the community preservation fund for open space, not less than ten percent |
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(10%) of the annual revenues for historic resources, and not less than ten percent (10%) of the |
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annual revenues for community housing. In each fiscal year, the city or town council shall make |
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appropriations from the community preservation fund as it deems necessary for the administrative |
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and operating expenses of the community preservation committee and such appropriations shall |
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not exceed five percent (5%) of the annual revenues in the community preservation fund. |
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     (b) Funds that are set aside shall be held in the community preservation fund and spent in |
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that year or later years; provided, however, that funds set aside for a specific purpose shall be |
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spent only for the specific purpose. Any funds set aside may be expended in any city or town. |
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The community preservation funds shall not replace existing operating funds, only augment them. |
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     45-24.6-8. Establishment of community preservation fund. – A city or town that |
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accepts sections 45-24.6-4 through 45-24.6-8, inclusive, shall establish a separate account to be |
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known as the community preservation fund of which the municipal treasurer shall be the |
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custodian. The authority to approve expenditures from the fund shall be limited to the city or |
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town council upon recommendation from the community preservation committee, and the |
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municipal treasurer shall pay such expenses. |
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     The following monies shall be deposited in the fund: (1) All funds collected from the real |
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property surcharge or bond proceeds in anticipation of revenue pursuant to sections 45-24.6-5 and |
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45-24.6-9; (2) All funds received from the state or any other source for such purposes; and (3) |
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Proceeds from the disposal of real property acquired with funds from the community preservation |
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fund. The treasurer may deposit or invest the proceeds of the fund in a savings bank incorporated |
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under the laws of the state, banking companies incorporated under the laws of the state which are |
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members of the federal deposit insurance corporation, or national banks, or savings and loan |
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associations doing business in the state, and any income therefrom shall be credited to the fund. |
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The expenditure of revenues from the fund shall be limited to implementing the recommendations |
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of the community preservation committee and providing administrative and operating expenses to |
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the committee. |
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     45-24.6-9. Authority to issue bonds. – A city or town that accepts sections 45-24.6-4 |
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through 45-24.6-8, inclusive, may issue, from time to time, general obligation bonds or notes in |
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anticipation of revenues to be raised pursuant to section 45-24.6-4, the proceeds of which shall be |
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deposited in the community preservation fund. Bonds or notes so issued may be at such rates of |
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interest as shall be necessary and shall be repaid as soon after such revenues are collected as is |
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expedient. Cities or towns that choose to issue bonds pursuant to this section shall make every |
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effort to limit the administrative costs of issuing such bonds by cooperating among each other |
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using methods including, but not limited to, common issuance of bonds or common retention of |
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bond counsel. |
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     45-24.6-10. Permanent conservation or preservation restrictions. – (a) A real property |
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interest that is acquired with monies from the community preservation fund shall be bound by a |
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permanent conservation or preservation restriction pursuant to the provisions of chapter 34-39 |
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("Conservation and Preservation Restrictions on Real Property"), recorded as a separate |
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instrument and limiting the use of the interest to the purpose for which it was acquired. The |
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permanent restriction shall run with the land and shall be enforceable by the city or town or the |
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state. The permanent restriction may also run to the benefit of a nonprofit organization, |
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charitable corporation or foundation selected by the city or town with the right to enforce the |
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restriction. The city or town council may appropriate monies from the community preservation |
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fund to pay a nonprofit organization created pursuant to paragraph 42-17.1-2(28)(ii) to hold, |
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monitor, and enforce the deed restriction on said property. |
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     (b) Real property interests acquired under this section shall be owned and managed by the |
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city or town, but the city or town council may delegate management of such property to a land |
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trust, conservation commission, historical commission, park commission, or housing authority as |
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appropriate for the property interests acquired, or, in the case of interests to acquire sites for |
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future wellhead development for drinking water, a water board, a water supply district, or a fire |
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district. The city or town council may also delegate management of such property to a nonprofit |
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organization created under paragraph 42-17.1-2(28)(ii). |
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     45-24.6-11. Accounting to be kept. – The community preservation committee shall keep |
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a full and accurate account of all of its actions, including its recommendations, and the action |
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taken on them, and records of all appropriations or expenditures made from the community |
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preservation fund. The committee shall also keep records of any real property interests acquired, |
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disposed of or improved by the city or town upon its recommendation, including the names and |
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addresses of the grantors or grantees and the nature of the consideration. The records and |
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accounts shall be public records. |
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     45-24.6-12. Acceptance of state grants. – Notwithstanding the provisions of any general |
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or special law to the contrary, every city and town may accept sections 45-24.6-4 through 45- |
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24.6-8, inclusive, and may thereupon receive state grants under subsection 42-142-4 (d). A city |
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or town that accepts sections 45-24.6-4 through 45-24.6-8, inclusive, shall not be precluded from |
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participating in state grant programs. |
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     State grant programs may include local adoption of this section among the criteria for |
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selection of grant recipients. Funds in the community preservation fund may be made available |
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and used by the city or town as the local share for state or federal grants upon recommendation of |
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the community preservation committee and the city or town council, as provided for in section |
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45-24.6-6, if such grants and such local share are used in a manner consistent with the |
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recommendations of the community preservation committee. |
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     45-24.6-13. Amendment and revocation. – (a) At any time after imposition of the |
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surcharge, the city or town council may approve and the voters may accept an amendment to the |
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amount and computation of the surcharge, or to the amount of exemption or exemptions, in the |
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same manner and within the limitations set forth in this section. |
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      (b) At any time after the expiration of five (5) years after the date on which sections 45- |
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24.6-4 through 45-24.6-8, inclusive, have been accepted in a city or town, said sections may be |
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revoked in the same manner as they were accepted by such city or town, but the surcharge |
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imposed under section 45-24.6-4 shall remain in effect in any such city or town, with respect to |
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unpaid taxes on past transactions and with respect to taxes due on future transactions, until all |
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contractual obligations incurred by the city or town prior to such termination shall have been fully |
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discharged. |
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     SECTION 2. Section 42-142-4 of the General Laws in Chapter 42-142 entitled |
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"Department of Revenue" is hereby amended to read as follows: |
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     42-142-4. Division of property valuation and municipal finance. -- (a) There is hereby |
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established within the department of revenue a division of property valuation and municipal |
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finance. The head of the office shall be the chief of property valuation and municipal finance. |
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      (b) The division of property valuation and municipal finance shall have the following |
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duties: |
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      (i) Provide assistance and guidance to municipalities in complying with state law; |
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      (ii) To encourage cooperation between municipalities and the state in calculating, |
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evaluating and distributing state aid; |
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      (iii) To maintain a data center of information of use to municipalities; |
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      (iv) To maintain and compute financial and equalized property value information for the |
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benefit of municipalities and public policy decision makers; |
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      (v) To encourage and assure compliance with state laws and policies relating to |
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municipalities especially in the areas of public disclosure, tax levies, financial reporting, and |
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property tax issues; |
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      (vi) To encourage cooperation between municipalities and the state by distributing |
10-49 |
information and by providing technical assistance to municipalities; |
10-50 |
      (vii) To give guidance to public decision makers on the equitable distribution of state aid |
10-51 |
to municipalities; |
10-52 |
      (viii) To provide technical assistance for property tax administration |
10-53 |
     (ix) To administer the community preservation act as set forth in subsection (c) herein. |
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     (c)(1) There shall be established and set up on the books of the state a separate fund, to be |
10-55 |
known as the Rhode Island community preservation trust fund, for the benefit of cities and towns |
10-56 |
that have accepted sections 45-24.6-4 through 45-24.6-8, inclusive, and pursuant to sections 45- |
10-57 |
24.6-4 through 45-24.6-8, inclusive, have imposed a surcharge on their real property tax levy, |
10-58 |
subject to any exemptions adopted by a municipality. The fund shall consist of all revenues |
10-59 |
received by the state: (i) Under the provisions of section 34-13-7 from public and private sources |
10-60 |
as gifts, grants and donations to further community preservation programs; or (ii) All other |
10-61 |
monies credited to or transferred to from any other fund or source pursuant to law. |
10-62 |
     (2) The state treasurer shall deposit the fund in accordance with the provisions of |
10-63 |
subsection 42-142-4(d) in such manner as will secure the highest interest rate available consistent |
10-64 |
with the safety of the fund and with the requirement that all amounts on deposit be available for |
10-65 |
withdrawal without penalty for such withdrawal at any time. All interest accrued and earnings |
10-66 |
shall be deposited into the fund. The fund shall be expended solely for the administration and |
10-67 |
implementation of this section. Any unexpended balances shall be redeposited for future use |
10-68 |
consistent with the provisions of this chapter. |
11-1 |
     (3) The state treasurer shall make all disbursements and expenditures from the Rhode |
11-2 |
Island community preservation trust fund without further appropriation, as directed by the |
11-3 |
director of revenue in accordance with subsection 42-142-4 (d). The department of revenue shall |
11-4 |
report by source all amounts credited to said fund and all expenditures from said fund. The |
11-5 |
director of revenue shall assign personnel of the department as it may need to administer and |
11-6 |
manage the fund disbursements and any expense incurred by the department shall be deemed an |
11-7 |
operating and administrative expense of the program. The operating and administrative expenses |
11-8 |
shall not exceed five percent (5%) of the annual total revenue received under the provisions of |
11-9 |
subsection 42-142-4 (d). |
11-10 |
     (d)(1) The director of revenue shall annually on or before November 15 disburse monies |
11-11 |
from the Rhode Island community preservation trust fund established pursuant to this section to |
11-12 |
cities and towns that have accepted sections 45-24.6-4 through 45-24.6-8, inclusive, and notified |
11-13 |
the director of its acceptance. The community shall notify the director of the date and terms on |
11-14 |
which the voters accepted said sections 45-24.6-4 through 45-24.6-8, inclusive. The municipal |
11-15 |
tax collecting authority shall certify to the director the amount the city or town has raised through |
11-16 |
June 30 by imposing a surcharge on its real property levy and shall certify the percentage of the |
11-17 |
surcharge applied. |
11-18 |
     (2) The commissioner shall distribute to each city or town accepting said sections 45- |
11-19 |
24.6-4 through 45-24.6-8, inclusive, in an amount not less than five percent (5%), but not greater |
11-20 |
than one hundred percent (100%) of the total amount raised by the additional surcharge on real |
11-21 |
property by each city or town. This shall be known as the match distribution. The percentage |
11-22 |
shall be the same for each city and town and shall be determined by the director annually in a |
11-23 |
manner that distributes the maximum amount available to each participating city or town. |
11-24 |
     (3) After distributing the Rhode Island community preservation trust fund in accordance |
11-25 |
with this section, the commissioner shall keep any remaining funds in the trust for distribution in |
11-26 |
the following year. |
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     (e) The director of revenue shall have the authority to promulgate rules and regulations to |
11-28 |
effect the purposes of the Rhode Island community preservation act. |
11-29 |
     SECTION 3. Chapter 44-5 of the General Laws entitled "Levy and Assessment of Local |
11-30 |
Taxes" is hereby amended by adding thereto the following section: |
11-31 |
     44-5-84. Community preservation special purpose levy. -- (a) Authority for levy. |
11-32 |
Cities and towns that adopt and accept the provisions of sections 45-24.6-4 through 45-24..6-8, |
11-33 |
inclusive, according to the procedures specified therein, may levy a surcharge on real property of |
11-34 |
not more than three percent (3%) of the real estate tax levy against real property, as determined |
12-1 |
annually by the assessor. |
12-2 |
     (b) Notwithstanding any provision of law or ordinance to the contrary, a special levy |
12-3 |
adopted in accordance with the provision of chapter 45-24.6 shall not be included in the |
12-4 |
calculation or approval of the maximum levy as set forth in section 45-24.6-4 of this chapter. |
12-5 |
     (c) Use of levy. The proceeds of said levy shall be used solely for the purposes set forth |
12-6 |
in chapter 45-24.6. |
12-7 |
     SECTION 4. Section 34-13-7 of the General Laws in Chapter 34-13 entitled "Recording |
12-8 |
of Instruments" is hereby amended to read as follows: |
12-9 |
     34-13-7. General recording fees. -- (a) The fees to the recording officers for recording |
12-10 |
the following described instruments relating to real estate shall be as follows: |
12-11 |
     Warranty deed $80.00 |
12-12 |
     Quitclaim deed 80.00 |
12-13 |
     Deed of executor, administrator, trustee, |
12-14 |
     conservator, receiver, or commissioner 80.00 |
12-15 |
     Mortgage 60.00 |
12-16 |
     Partial release of mortgage 45.00 |
12-17 |
     Assignment of mortgage 45.00 |
12-18 |
     Foreclosure deed under power of sale with affidavit 80.00 |
12-19 |
     Lease 60.00 |
12-20 |
     General assignment 45.00 |
12-21 |
     Discharge of mortgage 45.00 |
12-22 |
     Discharge of attachment or execution 45.00 |
12-23 |
     Any other instrument not otherwise expressly |
12-24 |
     provided for by statute 45.00 |
12-25 |
     Lien - Federal tax 7.25 |
12-26 |
     Lien - Federal tax, discharge of 7.25 |
12-27 |
     Maps, plats, surveys, drawings (not attached |
12-28 |
     to or a part of another recordable instrument) 45.00 |
12-29 |
     Bill of sale 45.00 |
12-30 |
     Power of attorney 45.00 |
12-31 |
     Lis pendens 80.00 |
12-32 |
     Writ of attachment or execution affecting title |
12-33 |
     to real estate 10.00 |
13-34 |
     Writ of attachment or lien affecting title to |
13-35 |
     mobile and manufactured homes 2.00 |
13-36 |
     Notice of intention under the mechanics' lien law 8.00 |
13-37 |
     Account under mechanics' lien law 10.00 |
13-38 |
     (b) The recording officers shall be allowed to charge a rate of one dollar ($1.00) for each |
13-39 |
additional page or fraction over. |
13-40 |
     (c) Ten percent (10%) of the recording fees provided for in this section shall be utilized |
13-41 |
by each city or town for the purposes of document preservation and technological upgrades. |
13-42 |
     (d) Notwithstanding the foregoing, the recording fee for lis pendens and/or bail property |
13-43 |
liens recorded by bailbondsmen and the recording fee to discharge lis pendens and/or bail |
13-44 |
property liens recorded by bailbondsmen shall be ten dollars ($10.00). |
13-45 |
     (e) In addition to the fees set forth above, there shall be a twenty dollar ($20) surcharge |
13-46 |
for recording these instruments. All surcharges on fees collected pursuant to this section shall be |
13-47 |
remitted by the recording officer to the Rhode Island community preservation trust fund, |
13-48 |
established in section 42-142-4, administered by the department of revenue, division of property |
13-49 |
valuation and municipal finance. The surcharges imposed shall be used for community |
13-50 |
preservation purposes. No surcharge shall apply to the fees charged for additional pages, photo |
13-51 |
copies, abstract cards, or additional square feet for the recording of plans. |
13-52 |
     SECTION 7. Sections 1, 2, 3, and 5 of this act shall take effect on July 1, 2013, and |
13-53 |
section 4 of this act shall take effect on January 1, 2014. |
      | |
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LC01462 | |
======== | |
EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TOWNS AND CITIES - RHODE ISLAND COMMUNITY PRESERVATION | |
ACT | |
*** | |
14-1 |
     This act would establish the Rhode Island Community Preservation Act to promote |
14-2 |
capital investment and development within Rhode Island communities. The act provides a source |
14-3 |
of funding for such investment and development. |
14-4 |
     Sections 1, 2, 3, and 5 of this act would take effect on July 1, 2013, and section 4 of this |
14-5 |
act would take effect on January 1, 2014. |
      | |
======= | |
LC01462 | |
======= |