Quantcast
Channel: Breaking News
Viewing all articles
Browse latest Browse all 5026

House passes Woonsocket supplemental tax

$
0
0
By News staff

PROVIDENCE -- The state House of Representatives, on a 65-6 vote, passed its version of a $2.5 million end-of-the-fiscal-year supplemental tax to help the city of Woonsocket balance its 2012-13 budget.

The bill would allow the state-appointed Budget Commission running the city to raise about $1 million in a special residential real estate tax bill and about $1.5 million through a special charge on motor vehicles. It would exempt owner-occupied houses and condominium units from the supplemental tax.

The House bill differs from the Senate version, which would raise $1.5 million through residential property taxes and $1 million via car taxes. The Senate bill also would give the commission the authority to grant elderly residents tax exemptions, something not included in the House bill.


Viewing all articles
Browse latest Browse all 5026

Trending Articles