§ 41-10-8 — § 41-10-8. Payment by state to cities and towns — State aid formula.
This text of Rhode Island § 41-10-8 (§ 41-10-8. Payment by state to cities and towns — State aid formula.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Text
§ 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, Counsel Stack Legal Research, https://law.counselstack.com/statute/ri/41-10-8.