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2020 Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-64.22 Tax Stabilization Incentive
Section 42-64.22-6 Eligibility requirements for hope communities.
Universal Citation: RI Gen L § 42-64.22-6 (2020)
§ 42-64.22-6. Eligibility requirements for hope communities.
In order for a hope community to be eligible to receive incentives under this chapter, in addition to the provisions set forth herein, the tax stabilization agreement must be for a qualified development project resulting in the creation of at least twenty-five (25) new full-time jobs, and the developer must commit a capital investment of not less than five million dollars ($5,000,000.00) towards the project cost.
History of Section.
(P.L. 2015, ch. 141, art. 19, § 5.)
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