Chapter 272

2003 -- S 1148

Enacted 07/17/03

AN ACT

RELATING TO TAXATION -- ELDERLY REAL PROPERTY EXEMPTION

Introduced By: Senators Sheehan, Sosnowski, and Lenihan

Date Introduced: June 17, 2003

It is enacted by the General Assembly as follows:

     SECTION 1. Section 44-3-23 of the General Laws in Chapter 44-3 entitled "Property

Subject to Taxation" is hereby amended to read as follows:

44-3-23. Tax exemptions in the town of Narragansett. – The town council of the town

of Narragansett may, by ordinance, grant an exemption on real property located within the town

and owned and occupied by any person sixty-five (65) years of age or older at the rate of one

hundred twenty-five dollars ($125) per one thousand dollars ($1,000) of valuation. Each

exemption to all other persons granted on property in the town of Narragansett is at the rate of

fifty-five dollars ($55.00) per one thousand dollars ($1,000.00) of valuation for each exemption

granted to a taxpayer.

     SECTION 2. This act shall take effect upon passage.     

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LC03447

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