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

     

     Introduced By: Senator P Fogarty

     Date Introduced: April 04, 2017

     Referred To: Senate Judiciary

     It is enacted by the General Assembly as follows:

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     SECTION 1. Section 44-3-30 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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     44-3-30. Burrillville -- Property taxation of electricity generating facilities located in

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the town.

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     Notwithstanding any other provisions of the general laws to the contrary, real and

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personal property of any facility for the generation of electricity located in the town of Burrillville

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are taxable by the town, and the town council of the town of Burrillville is authorized to

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determine, by ordinance or resolution, an amount of taxes to be paid each year on account of real

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or personal property used in connection with any facility for the generation of electricity located

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in the town, notwithstanding the valuation of the property or the rate of tax. The determination is

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for a period not to exceed twenty-five (25) years. The town council of the town of Burrillville is

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authorized to extend the determination by ordinance or resolution. The extension shall be for a

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period not to exceed an additional twenty (20) years.

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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 - BURRILLVILLE PROPERTY TAX

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     This act would further delineate the ability of the town of Burrillville to tax electrical

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power generation facilities, regulated or otherwise and for private consumption on resale.

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     This act would take effect upon passage.

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