H7858A

	2018 -- H 7858 SUBSTITUTE A
	========
	LC005007/SUB A
	========
	STATE OF RHODE ISLAND
	IN GENERAL ASSEMBLY
	JANUARY SESSION, A.D. 2018
	____________
	A N A C T
	RELATING TO TAXATION - LEVY AND ASSESSMENT OF LOCAL TAXES

	Introduced By: Representative Alex D. Marszalkowski
	Date Introduced: February 28, 2018
	Referred To: House Finance
	It is enacted by the General Assembly as follows:
1	SECTION 1. Section 44-5-12.1 of the General Laws in Chapter 44-5 entitled "Levy and
2	Assessment of Local Taxes" is hereby amended to read as follows:
3	44-5-12.1. Assessment of tangible personal property.
4	(a) All tangible personal property subject to taxation shall be assessed for taxation based
5	on the original purchase price (new or used) including all costs such as freight and installation.
6	Assets will be classified and depreciated as defined in this section.
7	(b) The following classification and depreciation table shall be used in determining the
8	assessed value of tangible personal property.
9	State of Rhode Island Tangible Property Classification
10	Class of Assets Class I Short Life Class II Mid-Life Class III Long Life
11	Age 1-5 yrs 6-12 yrs 13+ yrs
12	1 95 95 95
13	2 80 90 90
14	3 60 80 85
15	4 30 70 80
16	5 20 60 75
17	6 20 50 70
18	7 20 40 65
19	8 20 30 60

1	9 20 30 55
2	10 20 30 50
3	11 20 30 45
4	12 20 30 40
5	13 20 30 35
6	14 20 30 30
7	15+ 20 30 30
8	Assets Shall Not be Trended
9	(c) Assets shall be classified on an annual basis by the Rhode Island Association of
10	Assessing Officers' Personal Property Committee based on the following table:
11	INDUSTRY GROUP IN YEARS CLASS
12	Aerospace industry II
13	Agriculture machinery and equipment II
14	cotton ginning II
15	Aircraft and all helicopters II
16	Amusement and theme parks II
17	Apparel and fabricated textile manufacturing II
18	Automobile repair shops II
19	Bakeries and confectionery production II
20	Barber and beauty shops II
21	Billboards II III
22	Brewery equipment not used directly in manufacturing II
23	Cable television, headend facilities Cable television: All equipment including
24	set top boxes, remotes, and other related equipment II
25	Aerial, underground, and drops, including MDUS. III
26	microwave systems II
27	program origination II
28	service and test II
29	subscriber connection and distribution II
30	Canneries and frozen food production II
31	Cement manufacture processing III
32	Chemical and allied production II
33	Clay products manufacturing processing III
34	Clocks and watches, manufacturing II
	LC005007/SUB A - Page 2 of 8
1	electronic instrumentation I
2	Cold storage and ice-making equipment III
3	Cold storage warehouse equipment II
4	Computers, personal computers (PC), laptops, tablets, cellphones,
5	mainframe/servers, peripherals, keyboard, mouse, I
6	mainframe I/II
7	peripherals I
8	Condiments, manufacturing and processing II
9	Construction equipment, general construction, backhoes, forklifts, loaders,
10	cranes, unregistered vehicles II
11	Dairy products manufacturing processing II
12	Data handling equipment, except computers II
13	Printers, copiers, bridges, routers and gateways II
14	Distilling II
15	Electrical equipment not used in manufacturing II
16	Electronic companies, steam production III
17	other production, combined cycle III
18	gas turbines III
19	nuclear production III
20	transmission III
21	distribution III
22	Electronic equipment manufacturing I II
23	Fabricated metal products/special tools II
24	special tools I
25	Fishing equipment, excluding boats and barges, lines, nets, I
26	Food and beverage production II
27	special handling devices I
28	Fur processing II
29	Gas distribution, total distribution equipment III
30	Optional - for equipment by category:
31	mains and services, plastic III
32	mains and services, steel III
33	meters, regulators, installations III
34	other distribution equipment III
	LC005007/SUB A - Page 3 of 8
1	Glass and glass products/special tools II
2	special tools I
3	Grain and grain mill products manufacture processing III
4	Gypsum products III
5	Hand tools I II
6	Hospital furnishings and equipment II
7	Hotel and motel furnishings and equipment II
8	Jewelry products and pens II
9	Knitwear and knit products, ex, work uniforms I
10	Laundry equipment II
11	Leather and leather products II
12	Logging, timber cutting I/II II
13	Machinery manufacturing, except, as otherwise listed II
14	Marine construction II
15	Meatpacking II
16	Medical and dental supply production II
17	Metalworking machinery manufacturing processing II
18	Mining and quarrying II
19	Motion picture and television production II
20	Motor vehicle and parts/special tools manufacturing II
21	special tools I
22	Office furniture and equipment II
23	Optical lenses and instrument manufacturing processing II
24	Paints and varnishes I
25	Paper and pulp manufacturing II
26	converted paper, paperboard and pump II
27	Petroleum and natural gas, drilling, onshore II
28	drilling, offshore II
29	exploration and production II
30	petroleum refining III
31	pipeline transportation III
32	Plastics manufacturing I/II
33	Plastic products manufacturing processing/special tools II
34	special tools I
	LC005007/SUB A - Page 4 of 8
1	Primary metals production, nonferrous and foundry products III
2	special tools I III
3	Primary steel mill products III
4	Printing and publishing II
5	Professional and scientific instruments II
6	Radio and television, broadcasting I/II II
7	Railroad transportation equipment manufacturing II
8	locomotive manufacturing II
9	Recreation and amusement II
10	Retail trades, fixtures and equipment II
11	Residential furniture II
12	Restaurant and bar equipment II
13	Restaurant equipment, fast foods II
14	Rubber products manufacturing processing/special tools II
15	special tools I
16	Sawmills, permanent/portable II
17	portable I
18	Service establishments II
19	Ship and boat building machinery and equipment/special tools II
20	special tools I
21	Soft drink manufacture processing and bottling II
22	Steam production and distribution III
23	Stone products manufacturing processing III
24	Sugar and sugar products manufacturing III
25	Telecommunications, local exchange and interstate II
26	analog switching I/II II
27	digital switching I/II
28	circuit, digital, analog, optic I/II II
29	circuit, analog II
30	circuit, optic I/II
31	other central office equipment I/II
32	information/origination equipment I/II
33	smart phones I
34	metallic cable II III
	LC005007/SUB A - Page 5 of 8
1	fiber cable, poles, conduit III
2	poles III
3	conduit III
4	Telecommunications, interstate interexchange analog switching I/II
5	digital switching I/II
6	metallic cable II
7	fiber cable III
8	poles III
9	conduit III
10	all other equipment I/II II
11	Telecommunications, cellular
12	analog Analog/digital switching I/II II
13	digital switching I/II
14	radio frequency channel and control I/II II
15	power equipment II
16	antennae II
17	towers III
18	transmission equipment I/II II
19	cellular phones I
20	Textile products, including finishing and dyeing II
21	manufacture of nonwoven fabrics II
22	manufacture of yarn Yarn, thread and woven fabrics II
23	manufacture of textured yarns II
24	Theater equipment II
25	Tobacco and tobacco products III
26	Vegetable oil products III
27	Utilities/power production III
28	Generation, transmission, or distribution equipment III
29	Waste reduction and resource recovery II
30	Water transportation III
31	vessels, barges and tugs III
32	Water utilities III
33	Wharves, docks and piers III
34	Wholesale trade fixtures and equipment II
	LC005007/SUB A - Page 6 of 8
1	Wood products and furniture manufacturing II
2	(d) Any industry, group, or asset not enumerated in section (b) of this section, shall be
3	categorized as class II.
4	SECTION 2. This act shall take effect upon passage.
	========
	LC005007/SUB A
	========
	LC005007/SUB A - Page 7 of 8
	EXPLANATION
	BY THE LEGISLATIVE COUNCIL
	OF
	A N A C T
	RELATING TO TAXATION - LEVY AND ASSESSMENT OF LOCAL TAXES
	***
1	This act would revise the list of personal property subject to local taxation and provide
2	greater clarity to businesses in the state concerning such taxes.
3	This act would take effect upon passage.
	========
	LC005007/SUB A
	========
	LC005007/SUB A - Page 8 of 8