New Shoreham |
Code of Ordinances |
Part II. Revised Ordinances Of The Town Of New Shoreham |
Chapter 17. Taxation And Finance |
Article I. In General |
§ 17-1. Excise tax reduction
Latest version.
For fiscal year 2011 and thereafter, the tax assessor of the town shall reduce the average retail value of each vehicle assessed by $6,000.00. (This amount includes the basic exemption of $500.00 plus an additional exemption of $5,500.00 as authorized by G.L. 1956, § 44-34.1-1, as amended.) This section shall apply to all motor vehicles and trailers, including leased vehicles.
(Ord. of 7-21-2010(1), § 17-60)