2023 -- H 6385 ======== LC002988 ======== S TATE OF RHODE IS LAND IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 2023 ____________ A N A C T RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES Introduced By: Representatives Knight, and Speakman Date Introduced: May 10, 2023 Referred To: House Municipal Government & Housing It is enacted by the General Assembly as follows: SECTION 1. Section 44-5-68 of the General Laws in Chapter 44-5 entitled "Levy and 1 Assessment of Local Taxes" is hereby repealed. 2 44-5-68. Warren — Property tax classifications. — List of ratable property. 3 Upon adoption of a classification of taxable property by the town of Warren, all ratable 4 property in the town of Warren shall be classified by the assessor as follows: 5 (1) Class 1: all ratable real estate and tangible personal property. 6 (2) Class 2: all motor vehicles and trailers subject to the excise tax created by chapter 34 7 of this title. 8 SECTION 2. This act shall take effect upon passage. 9 ======== LC002988 ======== LC002988 - Page 2 of 2 EXPLANATION BY THE LEGISLATIVE COUNCIL OF A N A C T RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES *** This act would repeal a section of the general laws that restricts the ability of the town of 1 Warren to enact an ordinance in order to adopt the more favorable tax classification provisions of 2 § 44-5-11.8. 3 This act would take effect upon passage. 4 ======== LC002988 ========