R.I. Gen. Laws § 44-5-20.20 — North Smithfield — Property tax classification — Duties of assessor

(a) The assessor of the town of North Smithfield, on or before June 1 each year, shall
make a full and fair cash valuation of all the estate, real and personal, and motor
vehicles subject to taxation, herein, and determine the assessed valuation of each
property class.
(b) The assessor shall apply different rates of taxation to each property class as set
forth in § 44-5-20.19 to determine the tax due and payable on the property; provided, however, the rate
for each class shall be uniform within each class; and for each year, Class 2 property
rates shall not be more than one hundred fifty percent (150%) of Class 1 property
tax rates, and Class 3 property rates shall not be more than two hundred twenty-five
percent (225%) of the maximum allowable Class 2 property rates.