2017 -- S 0714 | |
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LC002341 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2017 | |
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A N A C T | |
RELATING TO TAXATION - BURRILLVILLE PROPERTY TAX | |
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Introduced By: Senator P Fogarty | |
Date Introduced: April 04, 2017 | |
Referred To: Senate Judiciary | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 44-3-30 of the General Laws in Chapter 44-3 entitled "Property |
2 | Subject to Taxation" is hereby amended to read as follows: |
3 | 44-3-30. Burrillville -- Property taxation of electricity generating facilities located in |
4 | the town. |
5 | Notwithstanding any other provisions of the general laws to the contrary, real and |
6 | personal property of any facility for the generation of electricity located in the town of Burrillville |
7 | are taxable by the town, and the town council of the town of Burrillville is authorized to |
8 | determine, by ordinance or resolution, an amount of taxes to be paid each year on account of real |
9 | or personal property used in connection with any facility for the generation of electricity located |
10 | in the town, notwithstanding the valuation of the property or the rate of tax. The determination is |
11 | for a period not to exceed twenty-five (25) years. The town council of the town of Burrillville is |
12 | authorized to extend the determination by ordinance or resolution. The extension shall be for a |
13 | period not to exceed an additional twenty (20) years. |
14 | SECTION 2. This act shall take effect upon passage. |
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LC002341 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TAXATION - BURRILLVILLE PROPERTY TAX | |
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1 | This act would further delineate the ability of the town of Burrillville to tax electrical |
2 | power generation facilities, regulated or otherwise and for private consumption on resale. |
3 | This act would take effect upon passage. |
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