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2020 Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-64.22 Tax Stabilization Incentive
Section 42-64.22-9 Applicability.
Universal Citation: RI Gen L § 42-64.22-9 (2020)
§ 42-64.22-9. Applicability.
The amounts subject to reimbursement under this chapter shall apply to any real and/or personal property tax abatement provided pursuant to a tax stabilization agreement, granted pursuant to § 44-3-9 of the general laws, after January 1, 2015. The amounts subject to reimbursement shall also include any reduction in the then current real property taxes and/or personal property taxes, as well as a reduction in the prospective amounts that would be due in connection with the completion of the project.
History of Section.
(P.L. 2015, ch. 141, art. 19, § 5.)
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