WARWICK, R.I. — Personal property and real estate bills will be mailed on schedule and should be arriving within the week, Mayor Scott Avedisian announced Monday, but motor vehicle tax bills will be delayed as legislation to eliminate taxes on vehicles 15 years old or older is decided.
The change to the Motor Vehicle Excise Tax, H 6267, was introduced by the General Assembly this session by House Speaker Nicholas Mattiello(D-Dist. 15, Cranston) House Majority Leader K. Joseph Shekarchi,(D-Dist. 23, Warwick), and Charlene M. Lima (D-Dist. 14 Cranston, Providence).
The new tax methodology, currently moving through the State General Assembly, will eliminate the tax on vehicles over 15 years old, and will reduce the taxable value of the remaining vehicle by five percent, exclusive of any personal exemptions. Due to these changes, all tax bills will be delayed until a final decision is passed down from the state level.
“The state is aiming to reduce a tax burden that most people hate having to pay,” said Mayor Avedisian. “By making cities and towns whole, and reducing what is a burden on all taxpayers, I think this can be a win all the way around. Since the final decision is still pending at the state level, motor vehicle tax bills will have a delayed mailing. We will work expeditiously to get them out once the legislation has been settled.”
No interest will accrue on bills until 30 days after the final mailing date of the bills, according to the Mayor’s office.
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