§ 44-5-20.02. Central Falls - Property tax classification - List of ratable property. (a) On or before June 1, except in 1990, in which case the time is thirty (30) days after June 1, 1990, the assessor in the city of Central Falls, after certification for classification, shall submit to the director of revenue a list containing the true, full, and fair cash value of the ratable estate and motor vehicles and shall classify the property according to the following use:

(1) "Class 1" includes:

(i) Residential property which is property used or held for human habitation, including rooming houses and mobile homes with facilities designed and used for living, sleeping, cooking, and eating on a non-transient basis. This property includes accessory land, buildings, or improvements incidental to the habitation and used exclusively by the residents of the property or their guests. This property does not include a hotel, motel, commercial, or industrial property. Residential property shall consist of:

(A) Owner-occupied dwellings of no more than five (5) units;

(B) Non owner-occupied dwellings of no more than five (5) units, including properties for mixed use as residential and commercial properties; and

(C) Units or dwellings with six (6) or more units.

(ii) Open space including "farm", "forest", and "open-space land" as defined in accordance with § 44-27-2.

(2) "Class 2" includes:

(i) Personal property, previously subject to tax, includes all goods, chattels, and effects, wherever they may be, except those that are exempt from taxation by the laws of the United States or of this state; and

(ii) Every vehicle and trailer registered under chapter 3 of title 31.

(3) "Class 3" includes property used commercially or for industrial manufacturing.

(b) The city of Central Falls may, by resolution or ordinance adopted by the city council, provide for tax classification of property in the city of Central Falls to become effective in any year in which the assessment roll reflects a general revaluation of all taxable property in the city of Central Falls.

History of Section. (P.L. 1990, ch. 194, § 1; P.L. 2008, ch. 98, § 37; P.L. 2008, ch. 145, § 37; P.L. 2018, ch. 340, § 1; P.L. 2018, ch. 342, § 1.)