2013 -- S 0824

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LC02166

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

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A N A C T

RELATING TO TAXATION - PROPERTY SUBJECT TO TAXATION

     Introduced By: Senators Archambault, Satchell, Kettle, and Lombardi

     Date Introduced: April 04, 2013

     Referred To: Senate Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. Section 44-3-43 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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     44-3-43. Historic stone wall exemption. -- The city and town councils of the various

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cities and towns may provide, by ordinance, There shall be an exemption not exceeding five

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thousand dollars ($5,000) of valuation for any parcel of real property on which is located an

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historic stone wall(s); provided, that the wall(s) is fifty (50) or more feet in length, at least three

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(3) feet high, structurally maintained and free of noxious weeds and vegetation. For purposes of

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this section, an "historic stone wall" is a vertical structure of aligned natural stone built before

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1900, normally constructed to designate a property boundary or to separate agricultural activities

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within a farmstead.

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     SECTION 2. This act shall take effect upon passage.

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LC02166

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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 amend the exemption of five thousand dollars ($5,000) of valuation for

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stone walls by repealing the provision of the general laws granting discretion to municipalities to

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provide for such exemption, and would provide for a statewide exemption.

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     This act would take effect upon passage.

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LC02166

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