§ 16-7-19 — § 16-7-19. Computation of standard local tax rate.
This text of Rhode Island § 16-7-19 (§ 16-7-19. Computation of standard local tax rate.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
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§ 16-7-19. Computation of standard local tax rate.
(a) The standard local tax rate required to support the basic program shall be forty percent (40%).
(b) The statewide local tax rate to be used in calculating each community's share under § 16-7-20 shall be fifty percent (50%).
(c) Fifty percent (50%) of the difference resulting from the difference between the rate presented in subsection (a) and the rate presented in subsection (b) shall be used in accordance with § 16-5-31 and fifty percent (50%) of the difference shall be allocated annually by the general a
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Rhode Island § 16-7-19, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/16-7-19.