{"data":{"id":"us-ri/r.i.-gen.-laws-44-5-76.1","jurisdiction":"us-ri","citation":"R.I. Gen. Laws § 44-5-76.1","heading":"Newport — Property tax classification — List of ratable property.","body":"(a) Upon adoption of a system of classification of taxable property by the city of Newport, all ratable property in the city of Newport shall be classified by the assessor as follows:\n(1) Class One: all ratable tangible personal property;\n(2) Class Two: residential real estate with less than four (4) units;\n(3) Class Three: all commercial and industrial real estate and residential real estate with four (4) units or more; and\n(4) Class Four: motor vehicles and trailers subject to the excise tax created by chapter 34 of this title.\n(b) In lieu of the city of Newport adopting a homestead exemption authorized by ordinances enacted pursuant to § 44-5-78, the city of Newport may divide the residential real estate in Class Two of this section, into non-owner occupied and owner-occupied properties and adopt separate tax rates in compliance with the restrictions set forth in § 44-5-76.2. The city of Newport, by ordinance or resolution, shall provide rules and regulations, including, but not limited to, governing the division and definition of non-owner and owner-occupied properties.","path":["Title 44 Taxation","Chapter 5 Levy and Assessment of Local Taxes"],"source_url":"https://webserver.rilegislature.gov/Statutes/TITLE44/44-5/44-5-76.1.htm","current_through":"site files published 2025-08-13","vintage":"","retrieved_at":"2026-09-05T20:00:21Z","sha256":"fc74f7e8fcd99aab375877730590f328a32edc632c47fae23279da1977fecd0f","source_id":"us-ri","stale":true,"prev":"us-ri/r.i.-gen.-laws-44-5-76","next":"us-ri/r.i.-gen.-laws-44-5-76.2"},"notice":"GroundRules: Original legal text. Not legal advice."}