§ 44-5-20.06. Westerly and Smithfield - Property tax classification - List of ratable property. Upon adoption of a system of classification of taxable property by the town of Westerly or by the town of Smithfield, all ratable property in the town of Westerly or Smithfield, as the case may be, shall be classified by the assessor as follows:
(1) Class 1: In the town of Westerly, all ratable real estate and tangible personal property; in the town of Smithfield, all ratable real estate.
(2) Class 2: In the town of Westerly, all motor vehicles and trailers subject to the excise tax created by chapter 34 of this title; in the town of Smithfield, all tangible personal property as well as all motor vehicles and trailers subject to the excise tax created by chapter 34 of this title.
History of Section. (P.L. 1991, ch. 412, § 1; P.L. 1994, ch. 72, § 1.)