Chapter272

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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