Upon adoption of a classification of taxable property by the town of Warren, all ratable property in the town of Warren shall be classified by the assessor as follows:

(1)  Class 1: all ratable real estate and tangible personal property.

(2)  Class 2: all motor vehicles and trailers subject to the excise tax created by chapter 34 of this title.

History of Section.
P.L. 1997, ch. 19, § 1.