| LA 112 |
| 2018 -- S 2944 Enacted 07/05/2018 |
| A N A C T |
| RELATING TO TAX INCREMENT FINANCING IN THE TOWN OF MIDDLETOWN |
| Introduced By: Senator Louis P. DiPalma |
| Date Introduced: May 31, 2018 |
| It is enacted by the General Assembly as follows: |
| SECTION 1. Notwithstanding the provisions of ยง 45-33.2-3(1) of the general laws, with |
| respect to any tax increment area or district established pursuant to chapter 33.2 of title 45 in the |
| town of Middletown during calendar year 2018, the "base date" or date for determining the |
| original assessed value of property in the area or district shall be either December 31, 2016, or |
| December 31, 2017, as determined by the Middletown town council. |
| SECTION 2. This act shall take effect upon passage. |
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| LC005782 |
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