Chapter
461
2008 -- H 8373
Enacted 07/05/08
A N A C T
RELATING TO TAXATION
-- PROPERTY SUBJECT TO TAXATION
Introduced By:
Representatives Silva, and Vaudreuil
Date Introduced: June 12,
2008
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.
Central Falls -- Homeowner exemption. -- (a) 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 forty-five
thousand
dollars
($45,000) sixty thousand dollars
($60,000) 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.
(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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LC03061
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