Rhode Island Statutes

§ 41-10-8 — § 41-10-8. Payment by state to cities and towns — State aid formula.

Rhode Island·Title 41 Sports, Racing, and Athletics·Ch. 41-10 Offtrack Betting

§ 41-10-8. Payment by state to cities and towns — State aid formula.

The offtrack betting tax payable to the state under § 41-10-7(a)(1), (2), and (3) shall be paid directly by the state to the cities and towns of the state in accordance with the state aid formula as set out in § 45-13-1, and these funds shall be used by the cities and towns as a direct reduction against the residential tax rate.

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Rhode Island § 41-10-8 (§ 41-10-8. Payment by state to cities and towns — State aid formula.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 1990, ch. 512, § 1.

Nearby Sections

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