2016 -- S 2681

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LC004576

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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 - LEVY AND ASSESSMENT OF LOCAL TAXES

     

     Introduced By: Senator P Fogarty

     Date Introduced: March 08, 2016

     Referred To: Senate Finance

     It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 44-5 of the General Laws entitled "Levy and Assessment of Local

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Taxes" is hereby amended by adding thereto the following section:

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     44-5-85. Levy of taxes by the Foster-Glocester regional school district. -- (a) Effective

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July 1, 2016, the Foster-Glocester regional school district (hereinafter referred to as the "regional

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school district"), shall have authority to levy taxes to support both core and non-core educational

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activities and expenses. The tax to be levied shall constitute the regional school district's local

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share of the foundation education aid budget, as calculated pursuant to the provisions of chapter

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7.2 of title 16.

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     (b) The provisions of this section shall not diminish or minimize the determination of the

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state's share of foundation education aid due to the regional school district pursuant to ยง16-7.2-4.

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     (c) The tax collectors for the towns of Foster and Glocester shall provide to the Foster-

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Glocester regional school committee a list containing the full and fair valuation of each property

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class in each town. The tax administrator for the regional school district, with the approval of the

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members of the regional school committee, shall annually determine the percentage of the tax

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levy to be apportioned to each class of property and shall annually apply tax rates sufficient to

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produce the proportion of the total tax levy in the towns of Foster and Glocester. The tax shall be

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levied by the regional school district. The towns of Foster and Glocester shall not levy any local

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property or excise tax upon the taxpayers of said towns for educational aid.

 

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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 - LEVY AND ASSESSMENT OF LOCAL TAXES

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     This act would enable the Foster-Glocester Regional School District to set tax rates and

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levy taxes to pay for the district's local share of educational aid.

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     This act would take effect upon passage.

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