2023 -- S 0251
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LC000349
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S TATE OF RHODE IS LAND
IN GENERAL ASSEMBLY
JANUARY SESSION, A.D. 2023
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A N A C T
RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES
Introduced By: Senators Raptakis, F. Lombardi, Sosnowski, Ciccone, Tikoian, Paolino,
E Morgan, Burke, and LaMountain
Date Introduced: February 16, 2023
Referred To: Senate Finance
It is enacted by the General Assembly as follows:
SECTION 1. Section 44-5-9 of the General Laws in Chapter 44-5 entitled "Levy and 1
Assessment of Local Taxes" is hereby amended to read as follows: 2
44-5-9. Deductions and penalties to insure prompt payment. 3
Any city or town may provide for a deduction from the tax assessed against any person, if 4
paid by an appointed time, or for the penalties by way of percentage on a tax, if not paid at the time 5
appointed, not exceeding eighteen percent (18%) twelve percent (12%) per annum, as it deems 6
necessary to insure punctual payment; provided, that the city of Cranston may charge a penalty not 7
exceeding twelve percent (12%) per annum. 8
SECTION 2. This act shall take effect upon passage. 9
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LC000349
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LC000349 - Page 2 of 2
EXPLANATION
BY THE LEGISLATIVE COUNCIL
OF
A N A C T
RELATING TO TAXATION -- LEVY AND ASSESSMENT OF LOCAL TAXES
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This act would establish a statewide limit of twelve percent (12%) per year on interest 1
charged by cities and towns on delinquent taxes. 2
This act would take effect upon passage. 3
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LC000349
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