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324 chapters · 2,613 sections in this title.
R.I. Gen. Laws § 42-64.21-1. Short title
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This act shall be known and may be cited as the “Rhode Island Tax Increment Financing Act of 2015.”
R.I. Gen. Laws § 42-64.21-2. Legislative findings
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(a) It is hereby found and declared that due to long-term and short-term stagnant or declining economic trends in Rhode Island, businesses in the state have found it difficult to make investments that would stimulate economic activity and create new jobs for the citizens of the s…
R.I. Gen. Laws § 42-64.21-3. Definitions
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As used in this chapter: (1) “Applicant” means a developer proposing to enter into a tax increment financing agreement under this chapter. (2) “Commerce corporation” means the Rhode Island commerce corporation established pursuant to § 42-64-1 et seq. (3) “Developer” means a pers…
R.I. Gen. Laws § 42-64.21-4. TIF program
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The commerce corporation shall establish a tax increment financing program for the purpose of encouraging qualified development projects in qualifying TIF areas.
