Rhode Island General Laws 45-13-5.2. Valuation of tax exempt property for purposes of computing state grants
Not later than August first in any year, any town or municipality to which a grant may be payable under the provisions of § 45-13-5.1, shall provide the director of revenue with the assessed valuation of the tax exempt real property which is required for the computation of the grant. The director of revenue may, on or before April 30 next succeeding the receipt of the statement, reevaluate any exempt property when, in the director’s judgment the valuation made by the local assessor or assessors is inaccurate, and shall notify the municipality of the reevaluation. Any municipality aggrieved by the action of the director of revenue under the provisions of this section may, within two (2) weeks of the notice, file an appeal consistent with the provisions of chapter 35 of Title 42.
History of Section.
P.L. 1986, ch. 466, § 1; P.L. 1987, ch. 383, § 1; P.L. 1988, ch. 129, art. 5, § 1; P.L. 2008, ch. 98, § 59; P.L. 2008, ch. 145, § 59.
Terms Used In Rhode Island General Laws 45-13-5.2
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- town: may be construed to include city; the words "town council" include city council; the words "town clerk" include city clerk; the words "ward clerk" include clerk of election district; the words "town treasurer" include city treasurer; and the words "town sergeant" include city sergeant. See Rhode Island General Laws 43-3-9