The tax authorized by this chapter shall be measured by the assessed value of the real estate at the rate of ten dollars ($10.00) for each one hundred dollars ($100) of the assessed value of the real estate as most recently returned by the tax assessor of a city or town.

History of Section.
P.L. 1984, ch. 336, § 1; P.L. 2000, ch. 417, § 2.