2003 -- S 1114 AS AMENDED
A N A C T
RELATING TO TAXATION -- TOWN OF LINCOLN
Introduced By: Senators Connors, Celona, and J Montalbano
Date Introduced: May 29, 2003
It is enacted by the General Assembly as follows:
SECTION 1. Notwithstanding the provisions of section 44-5-2, the town council of the
town of Lincoln is hereby authorized to levy a tax for the fiscal year beginning July 1, 2003 and
ending June 30, 2004, in the amount of one million four hundred thousand dollars ($1,400,000) in
addition to the levy cap of five and one-half percent (5.5%) for the fiscal year beginning July 1,
2003 and ending June 30, 2004 in order to make up a shortfall in the fiscal year tax levy
beginning July 1, 2002 and ending June 30, 2003.
SECTION 2. This act shall take effect upon passage.