Rhode Island General Laws — Title 44 (Taxation)
R.I. Gen. Laws § 44-5-76
East Greenwich â Reduction in assessed value of real estate upon removal of damaged structure
# (a)
Whenever a structure in the town of East Greenwich is damaged so as to require total reconstruction and following which, the owner provides for complete demolition of the structure with the material from the demolition being removed from the parcel of real property on which the structure 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 official, and the assessment shall reflect a determination of the assessed value of the parcel, exclusive of the assessed value of the structure 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 official, until the thirty-first (31st) day of December next succeeding and the assessment of the parcel for the assessment year in which demolition, removal, and grading are completed shall be adjusted accordingly by the assessor. Any excess tax resulting from the adjusted assessment shall be abated by the town council.
# (c)
This section is not applicable in the event of disasters such as, but not limited to, erosion or demolition resulting from floods or hurricanes. In addition, the East Greenwich town council is authorized to suspend this tax abatement policy for any year in which so many structures within the town of East Greenwich are damaged that granting reduced assessments would, in the sole judgment of the town council, jeopardize the fiscal integrity of the town of East Greenwich.
# (d)
This section applies only to assessments and taxes in the town of East Greenwich.
Amendment history
History of Section. P.L. 2002, ch. 17, § 1; P.L. 2002, ch. 21, § 1.
Source: view the official text
In this chapter (40 sections)
- 44-5-67.1 · Warwick â Property tax classification â List of ratable…
- 44-5-67.2 · Warwick â Property tax classification â Duties of…
- 44-5-67.3 · Warwick â Reduction in assessed value of real estate upon…
- 44-5-68 · [Repealed.]
- 44-5-68.1 · Warren â Property tax classification. â Tax levy…
- 44-5-68.2 · Warren â Property tax classification. â Tax levy…
- 44-5-69 · Local fire districts â Requirements of annual budget â…
- 44-5-69.1 · Property tax classification â Albion fire district within…
- 44-5-70 · East Providence â Homestead exemption
- 44-5-71 · Jamestown â Reduction in assessed value of real estate upon…
- 44-5-72 · Jamestown â Assessment and taxation of new real estate…
- 44-5-73 · Authority granted to city and town collectors to sell, assign…
- 44-5-74 · Woonsocket â Property tax classification â Authorization
- 44-5-74.1 · Woonsocket â List of ratable property
- 44-5-74.2 · Woonsocket â Valuation of ratable property
- 44-5-74.3 · Woonsocket â Procedure for adopting tax rates
- 44-5-74.4 · Woonsocket â Supplemental tax
- 44-5-74.5 · Woonsocket â Exemption for elderly residents
- 44-5-75 · Woonsocket â Homestead exemption
- 44-5-75.1 · Glocester â Supplemental tax
- 44-5-76 · East Greenwich â Reduction in assessed value of real estate…
- 44-5-76.1 · Newport â Property tax classification â List of ratable…
- 44-5-76.2 · Newport â Property tax classification
- 44-5-76.3 · Newport â Property tax classification â Procedure for…
- 44-5-77 · Providence â Cooperative housing corporation property…
- 44-5-77.1 · Providence â Cooperative housing corporation â Tax rates
- 44-5-78 · Newport â Homestead exemption
- 44-5-78.1 · Newport â Exemption for elderly and disabled residents
- 44-5-79 · Little Compton â Property tax classification
- 44-5-80 · Homestead exemption in the town of West Greenwich
- 44-5-81 · Pawtucket â Waiver of interest
- 44-5-82 · Cumberland homestead exemption
- 44-5-83 · Annual training institute for local tax collectors
- 44-5-84 · Town of East Greenwich â Exemption for elderly, disabled,…
- 44-5-85 · Narragansett homestead exemption
- 44-5-86 · The Neil J. Houston, Jr. Residential Re-entry Center
- 44-5-87 · Property tax credit in exchange for volunteer services…
- 44-5-88 · Tax amnesty
- 44-5-89 · South Kingstown homestead exemption
- 44-5-90 · Charlestown homestead exemption