2011 -- S 0592
A N A C T
RELATING TO TAXATION -- PAYMENT OF LOCAL TAXES
Introduced By: Senators Goodwin, Pichardo, Jabour, Metts, and Perry
Date Introduced: March 10, 2011
It is enacted by the General Assembly as follows:
SECTION 1. Section 44-5-8 of the General Laws in Chapter 44-5 entitled "Levy and
Assessment of Local Taxes" is hereby amended to read as follows:
44-5-8. Form of option for quarterly payment. -- (a) The option to allow payment of
taxes in installments shall be expressed in substantially the following form:
"The tax may be paid in ____ installments, the first installment of ____ percent on or
before the ____ day of ____ A.D. 20____ : (proportions and dates to be specified.)"
"Each installment of taxes, if paid on or before the last day of each installment period
successively and in order, is free from any interest
"If the first installment or any succeeding installment of taxes is not paid by the last date
of the respective installment period or periods as they occur, then the whole tax or remaining
unpaid balance of the tax, as the case may be, immediately becomes due and payable and carries
until collected a penalty at the rate of ____ percent (not less than six (6) nor more than eighteen
(18) or, in the case of the
; provided, that taxes payable to the city of of West Greenwich, the town of East Greenwich, the
town of North Kingstown, the town of New Shoreham, the town of interest on any unpaid quarterly payments, and that only the
unpaid quarterly payments are due and payable to the city of Newport, the town of
Middletown, the town of Hopkinton, the town of West Greenwich, the town of East Greenwich, the town
of North Kingstown, the town of New Shoreham, the town of Glocester,
and the town of notwithstanding the provisions of this section to the contrary."
(b) Notwithstanding the provisions of subsection (a), each municipality shall have the
authority, in the case of failure of a taxpayer to pay the first installment or any succeeding
installment by the last date of the respective installment period, to require immediate payment of
only that late installment, and to impose an interest charge only on that late installment.
SECTION 2. This act shall take effect upon passage.