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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