§ 44-5-13.37 - Assessment and taxation of new real estate construction and new lots in the town of Warren.
SECTION 44-5-13.37
§ 44-5-13.37 Assessment and taxation ofnew real estate construction and new lots in the town of Warren. – (a) Completed new construction of real estate in the town of Warren completedafter any assessment date is liable for the payment of municipal taxes from thedate the certificate of occupancy is issued or the date on which the newconstruction is first used for the purpose for which it was constructed,whichever is earlier, prorated for the assessment year in which the newconstruction is completed. New lots created after the assessment date will beassessed and prorated as of the date of recording of the plat containing thoselots. The prorated tax is computed on the basis of the rate of tax applicablewith respect to the property, including the applicable rate of tax in any taxdistrict in which the property is subject to tax following completion of thenew construction, on the date the property becomes liable for the prorated taxin accordance with this section.
(b) The building official issuing the certificate shall,within ten (10) days after issuing the certificate, notify the assessor of theissuance of the certificate of occupancy.
(c) The planning department shall notify the assessor withinten (10) days of the recording of the plat containing new lots.
(d) Not later than ninety (90) days after receipt by theassessor of the notice from the building inspector or from a determination bythe assessor that the new construction is being used for the purpose for whichit was constructed, the assessor shall determine the increment by which theassessment for the completed construction exceeds the assessment on the taxroll for the immediately preceding assessment date. The assessor shall proratethe amount from the date of issuance of the certificate of occupancy or thedate on which the new construction was first used for the purpose for which itwas constructed, as the case may be, to the assessment date immediatelyfollowing and shall add the increment as so prorated to the tax roll for theimmediately preceding assessment date and shall within five (5) days notify therecord owner as appearing on the tax roll and tax collector of the additionalassessment.
(e) Not later than ninety (90) days after receiving noticethat a plat containing a new lot or lots has been recorded, the assessor willassess the new lot as if the lot had been in existence on the immediatelypreceding assessment date. However, the assessor shall prorate the amount fromthe date of recording of the plat containing the new lot.
(f) Any person claiming to be aggrieved by the action of theassessor under this section may appeal to the assessment board of review withinsixty (60) days from notification of the additional assessment or to superiorcourt as provided.
(g) 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, 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.
(h) Nothing in this section authorizes the collection oftaxes twice in respect of the land upon which the new construction is located.
(i) This section applies only to taxes levied and properlyassessed in the town of Warren.