Rhode Island Statutes
§ 35-8-22 — § 35-8-22. Rebate to federal government.
§ 35-8-22. Rebate to federal government.
Notwithstanding any contrary provision of general or special law, the state and its agencies may rebate to the United States treasury any income from investments (including gains from the disposition of investments) of proceeds of bonds or notes to the extent deemed necessary to exempt (in whole or in part) the interest paid on the bonds or notes from federal income taxation.
Free access — add to your briefcase to read the full text and ask questions with AI
Rhode Island § 35-8-22 (§ 35-8-22. Rebate to federal government.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
P.L. 1986, ch. 110, § 5.
Nearby Sections
15
§ 35-1-2
§ 35-1-2. Repealed.§ 35-1.1-1
§ 35-1.1-1. Statement of intent.§ 35-1.1-11
§ 35-1.1-11. Rules and regulations.§ 35-1.1-12
§ 35-1.1-12. Severability.§ 35-1.1-5
§ 35-1.1-5. Federal grants management.§ 35-1.1-7
§ 35-1.1-7. Appointment of employees.