Chapter
545
2006 -- S 3035
Enacted 07/10/06
A N A
C T
RELATING TO TAXATION
- NEWPORT SENIOR RESIDENT PROPERTY TAX SERVICES CREDIT PROGRAM
Introduced By: Senators
Paiva-Weed, and Gibbs
Date Introduced: April 27,
2006
It is enacted
by the General Assembly as follows:
SECTION
1. Section 44-33.3-2 of the General Laws in Chapter 44-33.3 entitled
"Newport
Senior Resident Property Tax Services Credit Program" is hereby amended to
read as
follows:
44-33.3-2.
Age and income limits. -- Taxpayers qualifying for a senior resident
property
tax
service credit must be sixty-five (65) years of age or older by July 1st, 2004
to earn property
tax
credit relief under this program. The taxpayers must reside at the property as
a full-time
resident
or residents, and have a gross annual income from all sources at or below the low
moderate income level for Newport County for the previous
calendar year as published by the
U.S.
Department of Housing and Urban Development for a two-person household for
jointly held
property,
or in the case of a single person, at or below the published level as
aforementioned for a
one-person
household.
SECTION
2. This act shall take effect upon passage.
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LC03081
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