2003 -- S 1148
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.