Chapter 025

2019 -- S 0893 Enacted 06/13/2019

A N   A C T

RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES -- JOHNSTON

Introduced By: Senators Lombardo, and Archambault

Date Introduced: May 22, 2019

It is enacted by the General Assembly as follows:

SECTION 1. Section 44-5-20.10 of the General Laws in Chapter 44-5 entitled "Levy and

Assessment of Local Taxes" is hereby amended to read as follows:

44-5-20.10. Johnston -- Property tax classification authorized.

The town of Johnston may, by resolution or ordinance adopted by the town council,

provide for a system of classification of taxable property in conformity with the provisions of §§

44-5-20.11 -- 44-5-20.13 § 44-5-11.8.

SECTION 2. Sections 44-5-20.11, 44-5-20.12 and 44-5-20.13 of the General Laws in

Chapter 44-5 entitled "Levy and Assessment of Local Taxes" are hereby repealed.

44-5-20.11. Johnston -- Property tax classification.

Upon adoption of a system of classification of taxable property by the town of Johnston,

all ratable property in the town of Johnston shall be classified by the assessor as follows:

(1) Class 1: All ratable real estate;

(2) Class 2: All tangible personal property;

(3) Class 3: All motor vehicles and trailers subject to the excise tax created by chapter 34

of this title.

44-5-20.12. Johnston -- Property tax classification and valuation.

(a) The assessor of Johnston, on or before June 1 of each year, shall make full and fair

cash valuation of all the estate, real and personal, and motor vehicles subject to taxation, herein,

and determine the assessed valuation of each property class.

(b) The assessor shall apply different rates of taxation against Class 1, Class 2, and Class

3 to determine the tax due and payable on the property; provided, however, the rate for each class

shall be uniform.

44-5-20.13. Johnston -- Property tax classification -- Tax levy determination.

The assessor shall provide to the town council a list containing the full and fair valuation

of each property class and, with the approval of the town council, annually determine the

percentage of the tax levy to be apportioned each class of property and shall annually apply tax

rates sufficient to produce the proportion of the total tax levy.

SECTION 3. This act shall take effect upon passage.

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LC002703

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