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

     

     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:

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     SECTION 1. Section 44-3-21 of the General Laws in Chapter 44-3 entitled "Property

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Subject to Taxation" is hereby amended to read as follows:

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     44-3-21. Renewable energy systems -- Exemption. -- The city or town councils of the

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various cities and towns may, by ordinance, exempt from taxation the real estate of any

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renewable energy system located in the city or 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 -- RENEWABLE

ENERGY SYSTEMS

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     This act would clarify that the exemption from taxes of any renewable energy system is

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to the real estate of such system.

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     This act would take effect upon passage.

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