Chapter 223

2010 -- S 2120

Enacted 06/25/10

 

A N A C T

RELATING TO TAXATION - PROPERTY

 

     Introduced By: Senator P Fogarty

     Date Introduced: February 04, 2010

 

It is enacted by the General Assembly as follows:

 

     SECTION 1. Section 44-3-30 of the General Laws in Chapter 44-3 entitled "Property

Subject to Taxation" is hereby amended to read as follows:

 

     44-3-30. Burrillville -- Property taxation of electricity generating facilities located in

the town. -- Notwithstanding any other provisions of the general laws to the contrary, the town

council of the town of Burrillville is authorized to determine, by ordinance or resolution, an

amount of taxes to be paid each year on account of real or personal property used in connection

with any facility for the generation of electricity located in the town, notwithstanding the

valuation of the property or the rate of tax. The determination is for a period not to exceed

twenty-five (25) years. The town council of the town of Burrillville is authorized to extend the

determination by ordinance or resolution. The extension shall be for a period not to exceed an

additional twenty (20) years.

 

     SECTION 2. This act shall take effect upon passage.

     

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LC00782

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