2016 -- H 8123

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LC005723

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2016

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A N   A C T

RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION - CHARLESTOWN

     

     Introduced By: Representative Blake Anthony Filippi

     Date Introduced: April 29, 2016

     Referred To: House Municipal Government

     (by request)

It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 44-3 of the General Laws entitled "Property Subject to Taxation" is

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hereby amended by adding thereto the following section:

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     44-3-9.9. Charlestown - Exemption of tangible business property. – The town of

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Charlestown may, by resolution or ordinance adopted by its town council, exempt from taxation,

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in whole or in part, any tangible business property located in said town.

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     SECTION 2. This act shall take effect upon passage.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION - CHARLESTOWN

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     This act would authorize the Charlestown town council to exempt from taxation tangible

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business property in whole or in part located in that town.

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     This act would take effect upon passage.

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