§ 44-72-3 — § 44-72-3. Definitions.

Rhode Island § 44-72-3

• Jurisdiction: Rhode Island
• Title 44: Taxation
• Ch. 44-72: Non-Owner Occupied Property Tax Act

Text

§ 44-72-3. Definitions.

The following words and phrases as used in this chapter have the following meanings:

(1) "Administrator� means the tax administrator within the department of revenue.

(2) "Assessed valueâ€� means the assessed value of the real estate as of December 31 of the corresponding taxable year in accordance with § 44-5-12.

(3) "Non-owner occupied� means that the residential property does not serve as the owner's primary residence and is not occupied by the owner of the property for a majority of days during a given taxable year.

(4) "Non-owner occupied taxâ€� means the assessment imposed upon the non-owner occupied residential property assessed at one million dollars ($1,000,000) or more pursuant to this chapter and as adjusted pursuant to § 44-72-6.

(5) "Person� means any individual, corporation, company, association, partnership, joint stock association, and the legal successor thereof or any other entity or group organization against which a tax may be assessed.

(6) "Taxable year� means July 1 through June 30.

Legislative History

P.L. 2025, ch. 278, art. 5, § 18, effective June 29, 2025.