2020 -- S 2212 | |
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LC003807 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2020 | |
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A N A C T | |
RELATING TO TAXATION - EXETER VOLUNTEER FIRE AND RESCUE - REAL | |
PROPERTY EXEMPTIONS | |
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Introduced By: Senator Elaine J. Morgan | |
Date Introduced: February 04, 2020 | |
Referred To: Senate Finance | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 44-3-13.11 of the General Laws in Chapter 44-3 entitled "Property |
2 | Subject to Taxation" is hereby amended to read as follows: |
3 | 44-3-13.11. Exeter -- Property tax exemptions for active volunteer members of fire |
4 | and rescue companies within the town of. |
5 | (a) The town council of the town of Exeter may, by ordinance, provide real property tax |
6 | exemption of up to fifty one hundred thousand dollars ($50,000) ($100,000) or a personal |
7 | tangible property or vehicle excise tax exemption of up to twenty-five thousand dollars ($25,000) |
8 | of assessed value of any owned and occupied real property or of any tangible personal property or |
9 | vehicle owned by any volunteer member of an Exeter fire company or rescue corps; provided, |
10 | that said organization has qualified as a tax exempt organization pursuant to Section 501(c)(3) of |
11 | the Internal Revenue Service Code, 26 U.S.C. § 501(c)(3). Said exemption shall also apply to the |
12 | surviving spouse of any deceased person who qualified for an exemption at the time of his or her |
13 | death. |
14 | (b) Said exemption shall be in addition to any other exemption to which said person shall |
15 | be entitled; provided, that any person seeking said exemption shall have presented, to the tax |
16 | assessor, a true and exact account of his or her ratable estate as provided in §§ 44-5-15 and 44-5- |
17 | 16 for the year for which the exemption is claimed, together with due evidence that said person is |
18 | entitled to said exemption. |
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1 | (c) Any ordinance passed by the town shall provide prospective tax relief only. |
2 | (d) The amount of the exemption and the rules and regulations regarding eligibility for |
3 | the exemption shall be provided for by ordinance and the town council of the town of Exeter, |
4 | upon recommendation of the tax assessor, may, from time to time, by amendment to the |
5 | ordinance, make changes in the amount of the exemption granted and the rules and regulations |
6 | regarding eligibility for the exemption as they deem necessary to promote the purpose of this |
7 | section. |
8 | (e) Nothing contained in this section shall abrogate or affect the authority conferred upon |
9 | the assessor by the provisions of § 44-3-4. |
10 | 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 - EXETER VOLUNTEER FIRE AND RESCUE - REAL | |
PROPERTY EXEMPTIONS | |
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1 | This act would authorize the Exeter town council, by ordinance to increase the real |
2 | property tax exemption for active Exeter volunteer members of fire and rescue companies from |
3 | fifty thousand dollars ($50,000) to one hundred thousand dollars ($100,000). |
4 | This act would take effect upon passage. |
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