Rhode Island § 42-64.22-5 § 42-64.22-5. Eligibility requirements for qualifying communities.

Rhode Island Statutes

§ 42-64.22-5 — § 42-64.22-5. Eligibility requirements for qualifying communities.

Rhode Island § 42-64.22-5

Title 42State Affairs and Government

Ch. 42-64.22Tax Stabilization Incentive

This text of Rhode Island § 42-64.22-5 (§ 42-64.22-5. Eligibility requirements for qualifying communities.) 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.

Bluebook

R.I. Gen. Laws § 42-64.22-5 (2026).

Text

§ 42-64.22-5. Eligibility requirements for qualifying communities.
In order for a qualifying 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
            fifty (50) new full-time jobs, and the developer must commit a capital investment
            of not less than ten million dollars ($10,000,000.00) towards the project cost.
         

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§ 42-64.22-5. Eligibility requirements for qualifying communities.

In order for a qualifying 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 fifty (50) new full-time jobs, and the developer must commit a capital investment of not less than ten million dollars ($10,000,000.00) towards the project cost.