R.I. Gen. Laws § 44-5-11.17 — Division of municipal finance classification exemption authority

Notwithstanding any other provision of law to the contrary, the division of municipal
finance (division) within the department of revenue shall have the authority to grant
a one-year exemption to any city or town authorized to have a property tax classification
structure under this chapter, where in the absence of such an exemption, the city
or town would not be in compliance with its applicable tax classification structure.
Any city or town seeking such an exemption shall provide the division with any documentation
that the division deems necessary to grant an exemption. Such exemption, if approved
by the division, shall be limited to one year. The city or town, if granted such an
exemption, shall be required to either have applicable state legislation approved
amending the specific section of law for which the exemption was sought or adjust
its class tax rates so that the city or town is in compliance for its next fiscal
year.