Chapter 328
2004 -- H 8675
Enacted 07/03/04
A N A C T
RELATING
TO TAXATION -- PROPERTY SUBJECT TO TAXATION
Introduced
By: Representatives Faria, Moran, and Rose
Date
Introduced: June 22, 2004
It is
enacted by the General Assembly as follows:
SECTION
1. Section 44-3-34 of the General Laws in Chapter 44-3 entitled "Property
Subject
to Taxation" is hereby amended to read as follows:
44-3-34.
Homeowner exemption -- City of Central Falls. -- (a) [As amended by
P.L.
1995,
ch. 249, section 1.]The city council of the city of Central Falls, may, by
ordinance, provide
that
the property of each person who is a domiciled resident of the city of Central
Falls and which
property
is the principal residence of that person is exempt from taxation as follows:
single-
family
dwellings not to exceed ten thousand dollars ($10,000) of assessed valuation;
two (2)
family
dwellings not to exceed five thousand dollars ($5,000) of assessed valuation;
three (3)
through
eight (8) family dwellings and commercial units not to exceed three thousand
dollars
($3,000)
of assessed valuation. The exemption is applied to residential property and
includes
property
with up to a total of eight (8) residential units and may include one
commercial or
professional
use unit as part of the total of eight (8) assessed units; provided, that the
person
entitled
to the exemption has presented to the city tax assessors, on or before the last
day on
which
sworn statements may be filed with the assessors for the year for which
exemption is
claimed.
That person is entitled to the exemption as long as his or her legal residence
remains
unchanged.
(a) [As amended by P.L. 1995, ch. 302, section 1.]The city council of the city of
Central
Falls,
may, by ordinance, provide that the property of each person who is a domiciled
resident of
the
city of Central Falls and the property is the principal residence of that
person is exempt from
taxation
not to exceed fifteen twenty-five thousand dollars ($15,000)
($25,000) of assessed
valuation;
provided, that the person entitled to the exemption has presented to the city
tax
assessors,
on or before the last day on which sworn statements may be filed with the
assessors for
the
year for which exemption is claimed. That person is entitled to the exemption
as long as his or
her
legal residence remains unchanged.
(b) Each person upon application for exemption shall provide by means of a
sworn
statement
to the assessor clear and convincing evidence to establish his or her legal
residence at
the
property subject to the exemption.
(c) In the event that the property subject to the exemption should be sold or
otherwise
transferred
during the year for which the exemption is claimed to a person who does not
qualify
for
the exemption, the exemption is deemed void and the seller or transferor is
liable to the city
for
reimbursement of any tax benefit received as a result of the exemption.
(d) The city council of the city of Central Falls shall, by ordinance,
establish rules and
regulations
governing the acceptance of evidence of residence.
SECTION
2. This act shall take effect upon passage.
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LC03737
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