Chapter 101
2011 -- S 0863
Enacted 06/22/11
A N A C T
RELATING TO TAXATION - LEVY AND ASSESSMENT OF LOCAL TAXES
Introduced By: Senator David E. Bates
Date Introduced: April 14, 2011
It is enacted by the
General Assembly as follows:
SECTION 1. Section 44-5-11.6 of the General Laws in Chapter
44-5 entitled "Levy and
Assessment of Local
Taxes" is hereby amended to read as follows:
44-5-11.6.
Assessment of valuations -- Apportionment of levies. --
(a) Notwithstanding
the provisions of section 44-5-11 [repealed] beginning on
December 31, 2000, the assessors in the
several towns and cities shall conduct an update as defined
in this section or shall assess all
valuations and apportion the levy of all taxes legally ordered
under the rules and regulations, not
repugnant to law, as the town meetings and city councils, respectively,
shall from time to time
prescribe; provided, that the update or valuation is performed
in accordance with the following
schedules:
(1) (i) For a transition period, for cities and towns who conducted
or implemented a
revaluation as of 1993 or in years later:
Update Revaluation
Lincoln 2000 2003
South Kingstown 2000 2003
Smithfield 2000 2003
West Warwick 2000 2003
Johnston 2000 2003
Burrillville 2000 2003
North Smithfield 2000 2003
Central Falls 2000 2003
North Kingstown 2000 2003
Jamestown 2000 2003
North Providence 2001 2004
Cumberland 2001 2004
Bristol 2004
2001
Charlestown 2001 2004
East Greenwich 2002 2005
Cranston 2002 2005
Barrington 2002 2005
Warwick 2003 2006
Warren 2003 2006
East Providence 2003 2006
(ii)
Provided that the reevaluation period for the town of
extended to 2003 and the update for the town of
additional reimbursements by the state relating to the delay.
(iii) The implementation
date for this schedule is December 31st, of the stated year.
(iv)
Those cities and towns not listed in this schedule, shall continue the
revaluation
schedule pursuant to section 44-5-11 [repealed].
(2) (i) For the post transition period and in years
thereafter:
Update #1
Update #2 Revaluation
Woonsocket 2002 2005 2008
Pawtucket 2002 2005 2008
Portsmouth 2001 2004 2007
Coventry 2001 2004 2007
Providence 2003 2006 2009
Foster 2002
2005 2008
Middletown 2002 2005 2008
Little Compton 2003 2006 2009
Scituate 2003 2006 2009
Westerly 2003 2006 2009
West Greenwich 2004 2007 2010
Glocester
2004
2007 2010
Richmond 2004 2007 2010
Bristol 2004
2007 2010
Tiverton 2005 2008 2011
Newport 2005 2008 2011
New Shoreham 2006 2009 2012
Narragansett 2005 2008 2011
Exeter 2005
2008 2011
Hopkinton 2007 2010 2013
Lincoln 2006 2009 2012
South Kingstown 2006 2009 2012
Smithfield 2006 2009 2012
West Warwick 2006 2009 2012
Johnston 2006 2009 2012
Burrillville 2006 2009 2012
North Smithfield 2006 2009 2012
Central Falls 2006 2009 2012
North Kingstown 2006 2009 2012
Jamestown 2006 2009 2012
North Providence 2007 2010 2013
Cumberland 2007 2010 2013
Charlestown 2007 2010 2013
East Greenwich 2008 2011 2014
Cranston 2008 2011 2014
Barrington 2008 20112010 2014
Warwick 2009 2012 2015
Warren 2009 2012 2015
East Providence 2009 2012 2015
(ii) The implementation
date for the schedule is December 31st of the stated year. Upon
the completion of the update and revaluation according to
this schedule, each city and town shall
conduct a revaluation within nine (9) years of the date of
the prior revaluation and shall conduct
an update of real property every three (3) years from
the last revaluation.
(b) No later than
February 1, 1998, the director of the department of revenue shall
promulgate rules and regulations consistent with the provisions
of this section to define the
requirements for the updates which shall include, but not be
limited to:
(1) An analysis of
sales;
(2) A rebuilding of land
value tables;
(3) A rebuilding of cost
tables of all improvement items; and
(4) A rebuilding of
depreciation schedules.
Upon completion of an
update, each city or town shall provide for a hearing and/or
appeal process for any aggrieved person to address any
issue, which arose during the update.
(c) The costs incurred
by the towns and cities for the first update shall be borne by the
state in an amount not to exceed twenty dollars ($20.00)
per parcel. The costs incurred by the
towns and cities for the second update shall be borne
eighty percent (80%) by the state (in an
amount not to exceed sixteen dollars ($16.00) per parcel)
and twenty percent (20%) by the town
or city and in the third update and thereafter, the
state shall pay sixty percent (60%) of the update
(not to exceed twelve dollars
($12.00) per parcel) and the town or city shall pay forty percent
(40%); provided, that for the second update and in all
updates thereafter, that the costs incurred
by any city or town which is determined to be a
distressed community pursuant to section 45-13-
12 shall be borne eighty percent (80%) by the state
and twenty percent (20%) by the city or town
for all updates required by this section.
(d) The office of
municipal affairs, after consultation with the league of cities and towns
and the
described in subsection (c) of this section based upon existing
market conditions.
(e) Any property, which
is either exempt from the local property tax pursuant to section
44-3-3 or which pays a city or town an amount in lieu
of taxes, is not required to have its values
updated pursuant to this section, and the property is not
eligible for the reimbursement provisions
of subsection (c) of this section. However, those
properties which are exempt from taxation and
are eligible for state appropriations in lieu of property
tax under the provisions of section 45-13-
5.1 are eligible for state reimbursement pursuant to
subsection (c) of this section, provided, that
these properties were revalued as part of that city or
town's most recent property revaluation.
(f) No city or town is
required to conduct an update pursuant to this section unless the
state has appropriated sufficient funds to cover the
state's costs as identified in subsection (c) of
this section.
(g) Any city or town
that fails to conduct an update or revaluation as required by this
section, or requests and receives an extension of the dates
specified in this section, shall receive
the same amount of state aid under sections 45-13-1,
45-13-5.1, and 45-13-12 in the budget year
for which the new values were to apply as the city or
town received in-state aid in the previous
budget year; provided, however, if the new year's
entitlement is lower than the prior year's
entitlement, the lower amount applies, except for the town of
2003.
(h) Any bill or
resolution to extend the dates for a city or town to conduct an update or
revaluation must be approved by a two-thirds (2/3) majority of
both houses of the general
assembly.
SECTION 2. This act shall take effect upon passage.
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LC02450
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