Rhode Island § 45-37-7 § 45-37-7. Tax exemption and payment for services in lieu of taxes.

Rhode Island Statutes

§ 45-37-7 — § 45-37-7. Tax exemption and payment for services in lieu of taxes.

Rhode Island § 45-37-7

Title 45Towns and cities

Ch. 45-37Gifts of Industrial Facilities

This text of Rhode Island § 45-37-7 (§ 45-37-7. Tax exemption and payment for services in lieu of taxes.) 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.

Bluebook

R.I. Gen. Laws § 45-37-7 (2026).

Text

§ 45-37-7. Tax exemption and payment for services in lieu of taxes.
Any industrial facility owned by the state or a municipality, as provided in § 45-37-3, is declared to be public property and is exempt from all taxes and special assessments
            of any municipality; provided, that in lieu of taxes and special assessments, the
            state or the municipality shall require any lessee, sublessee, or occupant of the
            industrial facility to make payments annually to the municipality in which an industrial
            facility is located for its just share of the public expense, including, but not limited
            to, education, highway maintenance, fire and police protection and other similar pub

Free access — add to your briefcase to read the full text and ask questions with AI

§ 45-37-7. Tax exemption and payment for services in lieu of taxes.

Any industrial facility owned by the state or a municipality, as provided in § 45-37-3, is declared to be public property and is exempt from all taxes and special assessments of any municipality; provided, that in lieu of taxes and special assessments, the state or the municipality shall require any lessee, sublessee, or occupant of the industrial facility to make payments annually to the municipality in which an industrial facility is located for its just share of the public expense, including, but not limited to, education, highway maintenance, fire and police protection and other similar public expenses and governmental services; and provided, further, that the governor, or his or her designee, or the governing body of the municipality determines, after a hearing, that these payments constitute a just share of the public expense.