2013 -- S 0943

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LC02576

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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

EXEMPTING FROM TAXATION THE REAL, MIXED AND PERSONAL PROPERTY OF

THE OCEAN STATE SOCCER SCHOOL, INC.

     Introduced By: Senators Hodgson, and Sheehan

     Date Introduced: May 16, 2013

     Referred To: Senate Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. The property, real and personal, situated in the town of North Kingstown,

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held for or by Ocean State Soccer School, Inc., incorporated as a non-business corporation, to an

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amount not exceeding seven hundred thousand dollars ($700,000) shall, at all times, be exempt

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from all taxes as long as said property shall be used for the purposes for which said corporation

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was incorporated and as long as the Ocean State Soccer School, Inc., shall maintain nonprofit tax

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exempt status with the Internal Revenue Service.

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     SECTION 2. This act shall take effect upon passage.

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LC02576

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