TITLE 44

Taxation

CHAPTER 44-5

Levy and Assessment of Local Taxes

SECTION 44-5-74.1



   § 44-5-74.1  Woonsocket – List of

ratable property. –

(a) Upon adoption of a system of classification of taxable property by the city

of Woonsocket, all ratable property in the city of Woonsocket shall be

classified by the assessor as follows:



   (1) Class One: all ratable tangible personal property and

motor vehicles;



   (2) Class Two: residential real estate with less than four

(4) units;



   (3) Class Three: all commercial and industrial real estate

and residential real estate with four (4) units or more, except as provided for

in subsection (b).



   (b) As to any residential real estate with four (4) units and

wherein one or more of such units are occupied by the owner of the real estate,

such four (4) unit residential real estate shall be classified as Class Two

residential real estate. Said real estate shall be classified as Class Three if

it fails to have at least one unit that is occupied by the owner of the real

estate. An owner of residential real estate with four (4) units who is entitled

to the Class Two residential real estate classification pursuant to this

section shall annually file a declaration of such owner-occupied status with

the tax assessor. The assessor shall prepare an appropriate form for the making

of such declaration.



History of Section.

(P.L. 2000, ch. 30, § 1; P.L. 2000, ch. 39, § 1; P.L. 2013, ch. 498,

§ 1.)