Upon adoption of a system of classification of taxable property by the city of East Providence, all ratable property in the city of East Providence shall be classified by the assessor as follows:

(1)  Class 1: In the city of East Providence, all ratable real estate.

(2)  Class 2: In the city of East Providence, all motor vehicles and trailers subject to the excise tax created by chapter 34 of Title 44 and tangible personal property.

History of Section.
P.L. 1997, ch. 238, § 1.