§44-3-10  Idle manufacturing or mill property – Exemption. –

Published: 2015

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Property Subject to Taxation

SECTION 44-3-10

   § 44-3-10  Idle manufacturing or mill

property – Exemption. –

The city council of any city or the town council of any town may, with the

approval of the tax administrator appointed pursuant to the provisions of

§ 44-1-1, wholly or partially exempt from taxation for a period of not

exceeding one year manufacturing or mill buildings in which manufacturing has

not been carried on for at least one year immediately prior to the granting of

the exemption, and, if so determined, the personal property located in the city

or town, with like power to repeat the action as often as may be deemed best;

provided, that the owner agrees in writing with the tax administrator that the

building or buildings so exempted shall not be torn down and that the personal

property, if exempted, shall not be removed from the premises during the period

for which the exemption is granted; and, provided, that the owner of the

building or buildings agrees in writing with the tax administrator upon a price

that the owner will accept for the property so exempted during the period of

the exemption.

History of Section.

(P.L. 1939, ch. 694, § 1; P.L. 1940, ch. 921, § 1; G.L. 1956, §