2016 -- S 2290 | |
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LC004402 | |
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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 -- FIRE DISTRICTS LOCATED IN COVENTRY | |
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Introduced By: Senators Raptakis, and Kettle | |
Date Introduced: February 09, 2016 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Chapter 44-5 of the General Laws entitled "Levy and Assessment of Local |
2 | Taxes" is hereby amended by adding thereto the following section: |
3 | 44-5-2.3. Fire districts located in Coventry -- Maximum levy. -- Each fire district |
4 | located within the town of Coventry, including, but not limited to, Coventry Fire District, Central |
5 | Coventry Fire District, Hopkins Hill Fire District and Western Coventry Fire District shall be |
6 | subject to the provisions of ยง44-5-2; provided, however, for the present fiscal year, and for every |
7 | fiscal year subsequent to the passage of this act, the annual tax levy increase for each of the |
8 | included fire districts shall be in an amount less than or equal to the percentage increase in the |
9 | United States Department of Labor Consumer Price Index (CPI) during the most recent calendar |
10 | year; provided, however, a fire district shall not levy a tax in an amount more than five percent |
11 | (5%) in excess of the amount levied by that district for the prior year. |
12 | SECTION 2. This act shall take effect upon passage. |
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LC004402 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TAXATION -- FIRE DISTRICTS LOCATED IN COVENTRY | |
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1 | This act would limit each of the Coventry Fire Districts tax levy increases to the |
2 | consumer price index, but not to exceed five percent (5%) in any one year. |
3 | This act would take effect upon passage. |
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