§ 44-5-11.7 - Permanent legislative oversight commission.
SECTION 44-5-11.7
§ 44-5-11.7 Permanent legislativeoversight commission. – (a) There is created a permanent legislative commission on property taxation.The commission consists of the following members:
(i) Chairperson of the house finance committee, or designee;
(ii) Chairperson of the senate finance committee, or designee;
(iii) Chief budget analyst of the office of municipalaffairs, or designee;
(iv) The president of the league of cities and towns;
(v) The executive director of the Rhode Island publicexpenditures council, or designee; and
(vi) Three (3) members of the Rhode Island Assessors'Association.
(vii) Director of the property valuation within thedepartment of revenue.
(2) The commission at its first meeting shall elect achairperson from its membership.
(b) The purpose of the commission is to work in conjunctionwith Rhode Island department of administration, department of revenue and theRIAAO representatives, to study and evaluate property tax related issuesincluding, but not limited to:
(1) Revaluation process and statistical study after arevaluation;
(2) Exemptions and classifications;
(3) Uniform depreciation rates; and
(4) Any other issues which the commission determines arerelevant to the issue of property taxation.
(c) The members shall receive no compensation for theirservices. All departments and agencies of the state shall furnish advice andinformation, documentary or otherwise to the commission and its agents as isdeemed necessary or desirable by the commission to facilitate the purposes ofthe commission.
(d) The commission shall meet no less than three (3) timesper year and shall report its findings and recommendations to the generalassembly on an annual basis.