The bill amends Section 44-5-88 of the General Laws in Chapter 44-5, introducing a new provision for tax amnesty. It allows municipalities to enact ordinances that authorize one tax amnesty period every three years, during which taxpayers can request a waiver of interest and penalties on overdue real estate and tangible tax payments. The request must be in writing, signed, and dated by the taxpayer, and submitted by July 1 of the year in which the municipality has scheduled the waiver. The previous provision allowing two separate sixty-day periods during fiscal years 2024 or 2025 has been deleted.

The bill does not include stipulations regarding decisions made by tax assessors or collectors, nor does it mention requirements for taxpayers to pay interest and penalties or file claims for reimbursement. Additionally, waivers of interest and penalties will not be granted for taxes owed during the tax year in which the amnesty is offered. The act will take effect upon passage.

Statutes affected:
5695: 44-5-88