Reimbursement

R.I. Gen. Laws § 42-64.22-8., under Chapter 42-64.22 Tax Stabilization Incentive.

R.I. Gen. Laws § 42-64.22-8.

The aggregate value of all reimbursements approved by the commerce corporation pursuant to this chapter during the eligibility period shall not exceed the lesser of ten percent (10%) of the qualifying and/or hope communities’ forgone tax revenue or annual appropriations received by the commerce corporation for the program.