§ 44-5-13.25 - Narragansett – Assessment and taxation of new real estate construction.
SECTION 44-5-13.25
§ 44-5-13.25 Narragansett –Assessment and taxation of new real estate construction. – (a) Completed new construction of real estate in the town of Narragansettcompleted after any assessment date is liable for the payment of municipaltaxes from the date the certificate of occupancy is issued or the date on whichthe new construction is first used for the purpose for which it wasconstructed, whichever is the earlier, prorated for the assessment year inwhich the new construction is completed. The prorated tax is computed on thebasis of the applicable rate of tax with respect to the property, including theapplicable rate of tax in any tax district in which the property is subject totax following completion of the new construction, on the date the propertybecomes liable for the prorated tax in accordance with this section.
(b) The building inspector issuing the certificate shall,within ten (10) days after issuing the certificate, notify, in writing, theassessor of the issuance of the certificate of occupancy.
(c) After certification of the tax roll, on or before June15th, and not later than ninety (90) days, after receipt by the assessor of thenotice from the building inspector or from a determination by the assessor thatthe new construction is being used for the purpose for which it wasconstructed, the assessor shall determine the increment by which the assessmentfor the completed construction exceeds the assessment on the tax roll for theimmediately preceding assessment date. The assessor shall prorate that amountfrom the date of issuance of the certificate of occupancy or the date on whichthe new construction was first used for the purpose for which it wasconstructed, as the case may be, to the assessment date immediately precedingassessment date and shall within five (5) days notify the record owner asappearing on the tax roll and tax collector of the additional assessment.
(d) Any person claiming to be aggrieved by the action of theassessor must file an appeal to the assessor within thirty (30) days from thedate that the prorated tax payment is due without penalty. If still aggrieved,the taxpayer may appeal to the board of assessment review within ninety (90)days from the date the prorated tax payment is due. Any person still aggrievedmay within thirty (30) days of the tax board of review's decision notice, filea petition in superior court.
(e) Upon receipt of the notice from the assessor, the taxcollector shall, if the notice is received after the normal billing date,within ten (10) days thereafter mail or hand a bill to the owner based upon anamount prorated by the assessor. The tax is due and payable and collectible asother municipal taxes and subject to the same liens and processes ofcollection; provided that the tax is due and payable in an initial or singleinstallment due and payable not sooner than thirty (30) days after the date thebill is mailed or handed to the owner, and in any remaining, regularinstallments, as they are due and payable, and the several installments of atax due and payable are equal.
(f) Nothing in this section is deemed to authorize thecollection of taxes twice in respect to the land assessment or otherimprovements previously assessed on the immediate preceding assessment date.
(g) This section only applies to taxes levied and propertyassessed in the town of Narragansett.