Chapter 166

2004 -- S 2362 AS AMENDED

Enacted 06/26/04

A N A C T

RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION

Introduced By: Senators Sheehan, and Sosnowski

Date Introduced: February 11, 2004

It is enacted by the General Assembly as follows:

     SECTION 1. Chapter 44-3 of the General Laws entitled "Property Subject to Taxation"

is hereby amended by adding thereto the following section:

44-3-58. Tax deferment of elderly persons in the town of Narragansett. – The town

council of the town of Narragansett may, by ordinance, provide that the payment of all or a

portion of the property taxes on a single family dwelling, owned by and occupied as the principal

residence of persons who are sixty-five (65) years or older may be partially deferred until the

property is disposed of by reason of death of all the qualified owners, or by reason of transfer or

conveyance, provided, that any deferred taxes and interest constitute a lien against the real estate.

This act shall be voted upon by the qualified electors of the town of Narragansett entitled

to vote upon a proposition to impose a tax or for the expenditure of money at any special or

regular election held after the passage of this act. The town clerk will then certify the results to

the secretary of state. Any ordinance passed by the town council of Narragansett to provide tax

deferment pursuant to the terms of this act shall become effective upon the approval of a majority

of the electors voting on the question, vote to accept this section.

     SECTION 2. This act shall take effect upon passage.

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LC01269

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