Title 42, Title 42 Affairs and Government

(a) An applicant meeting the requirements of this chapter may be allowed a credit as set forth hereinafter against taxes imposed upon such person under applicable provisions of title 44 of the general laws for a qualified development project. (b) To be eligible as a qualified dev…

(a) To obtain the tax credit authorized in this chapter, applicants shall apply to the commerce corporation board for approval of a qualified development project for credits under this chapter. Such approval shall at a minimum require: (1) That the applicant has submitted a compl…

(a) There is hereby established at the commerce corporation a restricted account known as the rebuild Rhode Island tax credit fund (the “fund”) in which all amounts appropriated for the program created under this chapter and returns on investments from the fund shall be deposited…

(a) Program integrity being of paramount importance, the commerce corporation shall establish procedures to ensure ongoing compliance with the terms and conditions of the program established herein, including procedures to safeguard the expenditure of public funds and to ensure t…

(a) By August 1 of each year, each applicant receiving credits under this chapter shall report to the commerce corporation and the division of taxation the following information: (1) The number of total full-time employees employed at the development; (2) The total project cost; …