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Rhode Island General Laws — Title 44 (Taxation)

R.I. Gen. Laws § 44-5-71

Jamestown — Reduction in assessed value of real estate upon removal of damaged buildings

Official textwebserver.rilegislature.govlast amended

# (a)

Whenever a building is damaged as to require total reconstruction before it may be used for any purpose related to its use prior to the damage, and following which the owner provides for complete demolition of the building with the material from demolition being removed from the parcel of real property on which the building was situated or used as fill on the parcel for purposes of grading, the parcel shall be assessed for purposes of property tax as of the date the demolition, removal and grading are completed, to the satisfaction of the building inspector, and the assessment shall reflect a determination of the assessed value of the parcel, exclusive of the assessment value of the building so damaged, demolished and removed.

# (b)

The adjusted assessment is applicable with respect to the parcel from the date demolition, removal and grading are completed, as determined by the building inspector, until the thirty-first (31st) day of December next succeeding, and the amount of property tax payable with respect to the parcel for the assessment year in which demolition, removal and grading are completed is adjusted accordingly in the manner determined by the assessor.

# (c)

This section is not applicable in the event of natural disasters such as, but not limited to, erosion or demolition resulting from floods or hurricanes.

# (d)

This section applies only to assessments and taxes in the town of Jamestown.

Amendment history

History of Section. P.L. 1998, ch. 166, § 1; P.L. 1998, ch. 225, § 1.

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In this chapter (40 sections)
  1. 44-5-60 · North Providence — Homestead exemptions
  2. 44-5-60.1 · Johnston — Homestead exemptions
  3. 44-5-61 · Coventry — Exemption or stabilizing of taxes on qualifying…
  4. 44-5-61.1 · Central Falls — Exemption or stabilizing of taxes on…
  5. 44-5-61.2 · Pawtucket — Exemption or stabilizing of taxes on…
  6. 44-5-62 · Cranston — Homestead exemption
  7. 44-5-63 · Barrington — Property tax classifications — List of…
  8. 44-5-64 · Barrington — Property tax classification — Tax levy…
  9. 44-5-65 · East Greenwich — Homestead exemption
  10. 44-5-66 · Property tax classification — Mobile and manufactured homes
  11. 44-5-67 · Property tax classification — Eligibility
  12. 44-5-67.1 · Warwick — Property tax classification — List of ratable…
  13. 44-5-67.2 · Warwick — Property tax classification — Duties of…
  14. 44-5-67.3 · Warwick — Reduction in assessed value of real estate upon…
  15. 44-5-68 · [Repealed.]
  16. 44-5-68.1 · Warren — Property tax classification. — Tax levy…
  17. 44-5-68.2 · Warren — Property tax classification. — Tax levy…
  18. 44-5-69 · Local fire districts — Requirements of annual budget —…
  19. 44-5-69.1 · Property tax classification — Albion fire district within…
  20. 44-5-70 · East Providence — Homestead exemption
  21. 44-5-71 · Jamestown — Reduction in assessed value of real estate upon…
  22. 44-5-72 · Jamestown — Assessment and taxation of new real estate…
  23. 44-5-73 · Authority granted to city and town collectors to sell, assign…
  24. 44-5-74 · Woonsocket — Property tax classification — Authorization
  25. 44-5-74.1 · Woonsocket — List of ratable property
  26. 44-5-74.2 · Woonsocket — Valuation of ratable property
  27. 44-5-74.3 · Woonsocket — Procedure for adopting tax rates
  28. 44-5-74.4 · Woonsocket — Supplemental tax
  29. 44-5-74.5 · Woonsocket — Exemption for elderly residents
  30. 44-5-75 · Woonsocket — Homestead exemption
  31. 44-5-75.1 · Glocester — Supplemental tax
  32. 44-5-76 · East Greenwich — Reduction in assessed value of real estate…
  33. 44-5-76.1 · Newport — Property tax classification — List of ratable…
  34. 44-5-76.2 · Newport — Property tax classification
  35. 44-5-76.3 · Newport — Property tax classification — Procedure for…
  36. 44-5-77 · Providence — Cooperative housing corporation property…
  37. 44-5-77.1 · Providence — Cooperative housing corporation — Tax rates
  38. 44-5-78 · Newport — Homestead exemption
  39. 44-5-78.1 · Newport — Exemption for elderly and disabled residents
  40. 44-5-79 · Little Compton — Property tax classification
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