Chapter 084

2005 -- S 0754

Enacted 06/25/05

 

A N A C T

RELATING TO HOMESTEAD EXEMPTION IN THE TOWN OF WEST GREENWICH

     

     

     Introduced By: Senator Kevin A. Breene

     Date Introduced: February 17, 2005

 

 

It is enacted by the General Assembly as follows:

 

          SECTION 1. Chapter 44-5 of the General Laws entitled Levy and Assessment of Local Taxes is hereby

amended by adding thereto the following section:

 

44-5-80. Homestead exemption in the Town of West Greenwich. Notwithstanding

any other provisions of the general or special laws to the contrary, the town council of the Town

of West Greenwich is authorized to annually fix the amount, if any of a homestead exemption

with respect to assessed value from local taxation on taxable real property used for residential

purposes in the Town of West Greenwich and to grant homestead exemptions to the owner or

owners of residential real estate in an amount not to exceed forty percent (40%) of the assessed

value. The exemption only applies to property used exclusively for residential purposes, and

improved with a dwelling containing less than five (5) units. In order to determine compliance

with the homestead exemption as outlined in this section, the town council shall provide by

ordinance rules and regulations governing eligibility for the exemption established by this

section.

     SECTION 2. This act shall take effect upon passage.     

 

     

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LC02220

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