2014 -- H 7560

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LC004741

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2014

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A N   A C T

RELATING TO HEALTH AND SAFETY - TAXATION - IMPACT FEES

     Introduced By: Representatives Jacquard, and San Bento

     Date Introduced: February 26, 2014

     Referred To: House Finance

     It is enacted by the General Assembly as follows:

     SECTION 1. Chapter 23-27.3 of the General Laws entitled "State Building Code" is

hereby amended by adding thereto the following section:

     23-27.3-119.1. Permit fees - Reduction. -- The permit fees assessed by each

municipality pursuant to this chapter as of December 31, 2013, shall be reduced by fifty percent

(50%) for a period of twenty-four (24) months from the enactment of this section.

     SECTION 2. Chapter 44-18 of the General Laws entitled "Sales and Use Taxes -

Liability and Computation" is hereby amended by adding thereto the following section:

     44-18-30.E. Temporary reduction of sales tax on lumber and building materials. –

There shall be a three and a half percent (3.5%) reduction in the sales tax imposed on lumber and

building materials which are used in the construction, erection, alteration, or repairing of a

building or other structure, or in the making of any other improvements on land, or the

preparation of making improvements for a period of twenty-four (24) months, commencing with

the enactment of this section.

     SECTION 3. Chapter 45-22.4 of the General Laws entitled "Rhode Island Development

Impact Fee Act" is hereby amended by adding thereto the following section:

     45-22.4-4.1. Moratorium on assessment of impact fees. – There shall be a moratorium

instituted on the assessment and collection of impact fees as currently established or proposed by

the cities and towns for new construction and development pursuant to this chapter. This

moratorium shall be in place for a period of thirty-six (36) months, commencing with the

enactment of this section.

     SECTION 4. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO HEALTH AND SAFETY - TAXATION - IMPACT FEES

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     This act would create temporary reductions on certain fees and taxes relating to building

and construction, specifically permit fees, impact fees and lumber and other building materials.

     This act would take effect upon passage.

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