Chapter 422
2021 -- H 5676 SUBSTITUTE A
Enacted 07/17/2021

A N   A C T
RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES

Introduced By: Representative Alex D. Marszalkowski

Date Introduced: February 24, 2021

It is enacted by the General Assembly as follows:
     SECTION 1. Section 44-5-12.1 of the General Laws in Chapter 44-5 entitled "Levy and
Assessment of Local Taxes" is hereby amended to read as follows:
     44-5-12.1. Assessment of tangible personal property.
     (a) All tangible personal property subject to taxation shall be assessed for taxation based
on the original purchase price (new or used) including all costs such as freight and installation.
Assets will be classified and depreciated as defined in this section.
     (b) The following classification and depreciation table shall be used in determining the
assessed value of tangible personal property.
State of Rhode Island Tangible Property Classification
Class of Assets Class I Short Life Class II Mid-Life Class III
Long Life
Age 1-5 yrs 6-12 yrs 13+ yrs
1 95 95 95
2 80 90 90
3 60 80 85
4 30 70 80
5 20 60 75
6 20 50 70
7 20 40 65
8 20 30 60
9 20 30 55
10 20 30 50
11 20 30 45
12 20 30 40
13 20 30 35
14 20 30 30
15+ 20 30 30
     Assets Shall Not be Trended
     (c) Assets shall be classified on an annual basis by the Rhode Island Association of
Assessing Officers' Personal Property Committee based on the following table:
     INDUSTRY GROUP IN YEARS CLASS
     Agriculture machinery and equipment II
     Aircraft and all helicopters II
     Amusement and theme parks II
     Apparel and fabricated textile manufacturing II
     Automobile repair shops II
     Bakeries and confectionery production II
     Barber and beauty shops II
     Billboards III
     Brewery equipment not used directly in manufacturing II
     Cable television, headend facilities: II
     All equipment including set top boxes, remotes, and other
related equipment II
      aerial, underground, and drops, including MDUS III
Microwave systems II
Program origination II
Service and test II
Subscriber connection and distribution II
     Canneries and frozen food production II
     Cement processing III
     Chemical and allied production II
     Clay products processing III
     Cold storage and ice-making equipment III
     Cold storage warehouse equipment II
     Computers, personal computers (PC), laptops, tablets, cellphones,
mainframe/servers, peripherals, keyboard, mouse I
     Condiments, processing II
     Construction equipment, general construction, backhoes, forklifts, loaders,
     cranes, unregistered vehicles II
     Dairy products processing II
     Data handling equipment, except computers II
      printers, copiers, bridges, routers and gateways II
     Distilling II
     Electrical equipment not used in manufacturing II
     Electronic equipment II
     Fabricated metal products/special tools II
     Fishing equipment, excluding boats and barges, lines, nets I
     Food and beverage production II
     Fur processing II
     Gas distribution, total distribution equipment III
     Glass and glass products/special tools II
     Grain and grain mill products processing III
     Gypsum products III
     Hand tools II
     Hospital furnishings and equipment II
     Hotel and motel furnishings and equipment II
     Jewelry products and pens II
     Knitwear and knit products, ex, work uniforms I
     Laundry equipment II
     Leather and leather products II
     Logging, timber cutting II
     Marine construction II
     Meatpacking II
     Medical and dental supply production II
     Metalworking machinery processing II
     Mining and quarrying II
     Motion picture and television production II
     Motor vehicle and parts/special tools II
     Office furniture and equipment II
     Optical lenses and instrument processing II
     Paints and varnishes I
     Petroleum refining III
      pipeline transportation III
     Plastics manufacturing I/II
     Plastic products processing/special tools II
     Primary metals production, nonferrous and foundry products III
      special tools III
     Primary steel mill products III
     Printing and publishing II
     Professional and scientific instruments II
     Radio and television, broadcasting II
     Railroad transportation equipment II
      locomotive II
     Recreation and amusement II
     Retail trades, fixtures and equipment II
     Residential furniture II
     Restaurant and bar equipment II
     Restaurant equipment, fast foods II
     Rubber products processing/special tools II
     Sawmills, permanent/portable II.
     Service establishments II
     Ship and boat building equipment/special tools II
     Soft drink processing and bottling II
     Stone products processing III
     Telecommunications, local and interstate II
      analog switching II
      circuit, digital, analog, optic II
      information/origination equipment I/II
      smart phones I
      metallic cable III
      fiber cable, poles, conduit III
      all other equipment II
     Telecommunications, cellular
      analog/digital switching II
      radio frequency channel and control II
      power equipment II
      antennae II
      towers III
      transmission equipment II
      cellular phones I
     Textile products, including finishing and dyeing II
      yarn, thread and woven fabrics II
     Theater equipment II
     Utilities/power production III
      generation, transmission, or distribution equipment III
     Waste reduction and resource recovery II
     Water transportation III
      vessels, barges and tugs III
     Water utilities III
     Wharves, docks and piers III
     Wholesale trade fixtures and equipment II
     Wood products and furniture manufacturing II
     (d) Any industry, group, or asset not enumerated in subsection (c) of this section, shall be
categorized as class II.
     SECTION 2. This act shall take effect upon passage.
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LC001717/SUB A/2
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