2016 -- S 2269 | |
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LC004419 | |
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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 -- RENEWABLE | |
ENERGY SYSTEMS | |
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Introduced By: Senators Pagliarini, Algiere, and Lombardi | |
Date Introduced: February 09, 2016 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 44-3-21 of the General Laws in Chapter 44-3 entitled "Property |
2 | Subject to Taxation" is hereby amended to read as follows: |
3 | 44-3-21. Renewable energy systems -- Exemption. -- The city or town councils of the |
4 | various cities and towns may, by ordinance, exempt from taxation the real estate of any |
5 | renewable energy system located in the city or town. |
6 | SECTION 2. This act shall take effect upon passage. |
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LC004419 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION -- RENEWABLE | |
ENERGY SYSTEMS | |
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1 | This act would clarify that the exemption from taxes of any renewable energy system is |
2 | to the real estate of such system. |
3 | This act would take effect upon passage. |
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