Chapter 298
2017 -- S 0041
Enacted 07/26/2017

A N   A C T
RELATING TO TAXATION -- PROPERTY SUBJECT TO TAXATION--TOWN OF FOSTER

Introduced By: Senator Nicholas D. Kettle
Date Introduced: January 18, 2017

It is enacted by the General Assembly as follows:
     SECTION 1. Chapter 44-3 of the General Laws entitled "Property Subject to Taxation" is
hereby amended by adding thereto the following section:
     44-3-13.14. Foster -- Exemption of elderly and disabled persons.
     The town council of the town of Foster may, by ordinance, issue a tax credit for real
property situated in the town of Foster which that is owned and occupied by resident owners as
follows:
     (1) Any owner of an owner-occupied, single-family dwelling that who has attained the
age of sixty-seven (67) years, or more, or who is totally disabled and who is a resident of the
town of Foster, as provided in said ordinance, shall be entitled to a tax credit equal to the lesser
of:
     (i) Five hundred dollars ($500); or
     (ii) Any increase in the "dollar amount" required to be paid by such owner on the said
property above the "dollar amount" required to be paid in taxes during the tax assessment next
following such owner's sixty-seventh birthday, or following the filing of a certificate evidencing
disability, as provided in said ordinance.
     (2) Any owner of an owner-occupied, single-family dwelling that who has attained the
age of seventy-seven (77) years, or more, and who is a resident of the town of Foster, as provided
in said ordinance, shall be entitled to a tax credit equal to the lesser of:
     (i) One thousand dollars ($1,000); or
     (ii) Any increase in the "dollar amount" required to be paid by such owner on the said
property above the "dollar amount" required to be paid in taxes during the tax assessment next
following such owner's seventy-seventh birthday, as provided in said ordinance.
     SECTION 2. This act shall take effect upon passage.
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LC000539
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