2023 Rhode Island General Laws › Title 44 - Taxation › Chapter 44-5 - Levy and Assessment of Local Taxes › Section 44-5-13.27. - Tiverton — Assessment and taxation of new real estate construction and subdivision of land.

§ 44-5-13.27. Tiverton — Assessment and taxation of new real estate construction and subdivision of land.
(a)
Completed new construction of real estate in the town of Tiverton completed after any assessment date is liable for the payment of municipal taxes from the date the certificate of occupancy is issued or the date on which the new construction is first used for the purpose for which it was constructed, whichever is the earlier, prorated for the assessment year in which the new construction is completed. Parcels created by a recorded final plan after the assessment date will be assessed and prorated as of the recording of those lots. The prorated tax is computed on the basis of the applicable rate of tax with respect to the property, including the applicable rate of tax in any tax district in which the property is subject to tax following completion of the new construction, on the date the property becomes 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, the assessor of the issuance of the certificate of occupancy. The planning board’s administrative officer shall notify the assessor within ten (10) days of the recording of new subdivisions of land.
(c)
Not later than ninety (90) days after receipt by the assessor of the notice from the building inspector or from a determination by the assessor that the new construction is being used for the purpose for which it was constructed, the assessor shall determine the increment by which the assessment for the completed construction exceeds the assessment on the tax roll for the immediately preceding assessment date. The assessor shall prorate that amount from the date of issuance of the certificate of occupancy or the date on which the new construction was first used for the purpose for which it was constructed, to the assessment date immediately following and shall add the increment as prorated to the tax roll for the immediately preceding assessment date and shall within five (5) days notify the record owner as appearing on the tax roll and tax collector of the additional assessment. Not later than ninety (90) days after receipt by the assessor of notice from the administrative officer of the recorded subdivision of land, the assessor shall determine the increment by which the assessment for the new lot or lots exceeds the assessment of the subdivided lot as of the last assessment date. The assessor shall prorate that amount from the date of recording to the assessment date immediately following, and shall add the increment as prorated to the tax roll for the immediately preceding assessment date and shall, within thirty (30) days, notify the record owner as appearing on the tax roll and tax collector of the additional assessment.
(d)
Any person claiming to be aggrieved by the action of the assessor under this section may appeal to the assessment board of review within sixty (60) days from notification of the additional assessment or to superior court as provided.
(e)
Upon receipt of the notice from the assessor, the tax collector 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 an amount prorated by the assessor. The tax is due and payable and collectible as other municipal taxes and subject to the same liens and processes of collection; provided, that the tax is due and payable in an initial or single installment due and payable not sooner than thirty (30) days after the date the bill is mailed or handed to the owner, and in any remaining, regular installments, as they are due and payable, and the several installments of a tax due and payable are equal.
(f)
Nothing in this section authorizes the collection of taxes twice in respect of the land upon which the new construction is located.
(g)
This section applies only to taxes levied and property assessed in the town of Tiverton.
History of Section.
P.L. 2001, ch. 6, § 1; P.L. 2001, ch. 19, § 1; P.L. 2018, ch. 309, § 1; P.L. 2018, ch. 331, § 1.