It is enacted by the General Assembly as follows
SECTION 1. Section 44-5-11 of the General Laws in Chapter 44-5 entitled "Levy and Assessment of Local Taxes" is hereby amended to read as follows:
44-5-11. Assessment of valuations -- Apportionment of levies.
-- (a) The assessors in the several towns and cities shall assess
all valuation and apportion the levy of all taxes legally ordered
under the rules and regulations, not repugnant to law, as the town
meetings and city councils, respectively, shall from time to time
prescribe; provided, however, that the assessors shall revalue all
taxable real estate and implement the revaluation within three (3)
years after December 31, 1980 unless a town or city shall have
completed and implemented the revaluation within seven (7) years prior
to December 31, 1980 and each town or city shall complete and
implement a revaluation of all real estate property each tenth (10th)
year after its first revaluation is implemented under this section
unless an earlier date for revaluation is established; provided
further, however, the city of Woonsocket and the town of Cumberland
shall have until December 31, 1984 to revalue all taxable real estate
and implement the revaluation. Those towns and cities which have both
completed and implemented a revaluation within seven (7) years prior
to December 31, 1980 shall revalue and implement the revaluation
within ten (10) years of the date of the prior revaluation and each
and every tenth (10th) year thereafter; provided, however, that the
city of Providence shall have until December 31, {DEL 1987 DEL} {ADD 1998 ADD} to
revalue all taxable real estate; provided, however, that the town of
West Warwick shall have until December 31, 1993 to revalue all taxable
real estate and implement the revaluation; provided, however, that the
town of Warren and the city of Cranston shall have until December 31,
1994 to revalue all taxable real estate and implement the revaluation;
provided, however, that the town of Bristol shall have until December
31, 1994 to revalue all taxable real estate and implement the
revaluation; provided, however, that the town of Narragansett shall
have until December 31, 1992 to revalue all taxable real estate and
implement the revaluation; provided, however, that the city of
Pawtucket and the town of Burrillville shall have until December 31,
1995 to revalue all taxable real estate and implement the revaluation;
provided, however, that the city of Central Falls and the towns of
Johnston, North Smithfield and Lincoln shall have until December 31,
1993 to revalue all taxable real estate and implement the revaluation;
provided however, that the city of East Providence shall have until
December 31, 1996 to revalue all taxable real estate and implement the
revaluation; provided however, that the city of Cranston shall have
until December 31, 1994 to revalue all taxable real estate and
implement the revaluation.
(b) The assessors of the respective cities and towns shall certify in writing to the department of administration of their proposed schedule of each revaluation and shall further certify in writing to the department when the revaluation is completed. At the completion of the revaluation, the certification shall include a tax rate, based upon the new valuation, which would have provided the same ad valorem revenue for the town or city as is being raised during the current town or city budget year.
SECTION 2. This act shall take effect upon passage.
