The text
Sec. 25-81. - Schedule.#
(a)
Dollar tax credits. Pursuant to the authority granted to the town council by G.L. 1956, § 44-3-56 the town council hereby establishes a system (schedule) of tax credits in lieu of tax exemptions allowed pursuant to the provisions of the following sections of the general laws:
G.L.
1956 Exemption Title Tax Credit
§ 44-3-4 P.O.W. veteran $950.00
§ 44-3-4 Veteran 275.00
§ 44-3-4 Totally disabled veteran 350.00
§ 44-3-5 Gold Star parent 275.00
§ 44-3-12 Visually impaired person 350.00
(b)
Eligibility. The basis for determining eligibility for the dollar tax credit shall be as set forth in G.L. 1956, §§ 44-3-4, 44-3-5, 44-3-12, 44-3-15.
(Ord. of 6-23-2004, art. 1; Ord. of 4-23-2008(1); Ord. of 08-17-2022(2))
Sec. 25-82. - Senior and disabled tax credits based on household income.#
(a)
In lieu of the tax credit allowed in section 25-81 the town council hereby establishes a dollar tax credit for persons who meet the criteria set forth in G.L. 1956, §§ 44-3-15 and 44-3-35 and chapter 22 of the Public Laws of 1973 based on the following gross household income:
Gross Household Income Tax Credit
$ 0.00 — $12,500.00 $1,250.00
12,501.00 — 14,999.00 1,200.00
15,000.00 — 17,499.00 950.00
17,500.00 — 19,999.00 850.00
20,000.00 — 22,499.00 750.00
22,500.00 — 24,999.00 650.00
25,000.00 — 27,499.00 550.00
27,500.00 — 29,999.00 450.00
30,000.00 and higher 375.00
Note: Gross household income in excess of $30,000.00 shall be entitled to the tax credit based on the tax credit schedule established in section 25-82.
(b)
The tax assessor, subject to approval by the town council, shall establish the criteria for determining gross household income for eligibility to receive a tax credit based on income.
(c)
Notwithstanding any other provisions of chapter 22 of the public laws of 1973 as amended, the age Burrillville residents may obtain tax credits, as a senior citizen is age 62 and over.
(d)
Notwithstanding any other provision of chapter 162 of the public laws of 2017 as amended, a senior tax credit requires ownership of a residential property for a period of three years. Ownership can be credited if an eligible senior has maintained continuous ownership in multiple domiciles within town.
(Ord. of 6-23-2004, art. 2; Ord. of 4-23-2008(1); Ord. of 08-17-2022(2))
Sec. 25-83. - Application of dollar tax credit.#
Dollar tax credits shall be a direct deduction from the tax bill. The dollar tax credit shall not exceed the amount of the tax due.
(Ord. of 6-23-2004, art. 3)
Sec. 25-84. - Limitation.#
The total amount of all dollar tax credits shall not exceed three percent of the prior year's tax levy.
(Ord. of 6-23-2004, art. 4)