[Adopted 6-10-2019 by Ord. No. 882]
Pursuant to the authority vested in the Town Council under RIGL § 44-3-65, as amended, the Council is hereby empowered to create a tangible business property tax exemption for local small business owners in an amount not to exceed $35,000, as authorized by that section of the General Laws. The exemption may be adopted or amended by the Council annually as part of the annual budget process.