Rhode Island § 42-64.24-2 § 42-64.24-2. Legislative findings.

Rhode Island Statutes

§ 42-64.24-2 — § 42-64.24-2. Legislative findings.

Rhode Island § 42-64.24-2

Title 42State Affairs and Government

Ch. 42-64.24I-195 Redevelopment Project Fund

This text of Rhode Island § 42-64.24-2 (§ 42-64.24-2. Legislative findings.) 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 § 42-64.24-2 (2026).

Text

§ 42-64.24-2. Legislative findings.
The general assembly finds and declares:
(a) That due to global economic trends, businesses in Rhode Island have found it difficult
            to invest in development projects and other significant capital investments in and
            surrounding the I-195 land within the city of Providence. Investment in such projects
            would stimulate economic activity, facilitate the creation of new jobs for the citizens
            of the state and promote economic growth and development.
         
(b) Through the establishment of the I-195 redevelopment project fund, Rhode Island can
            take steps

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§ 42-64.24-2. Legislative findings.

The general assembly finds and declares:

(a) That due to global economic trends, businesses in Rhode Island have found it difficult to invest in development projects and other significant capital investments in and surrounding the I-195 land within the city of Providence. Investment in such projects would stimulate economic activity, facilitate the creation of new jobs for the citizens of the state and promote economic growth and development.

(b) Through the establishment of the I-195 redevelopment project fund, Rhode Island can take steps to attract and grow new businesses and industries to and for the state; create good-paying jobs for its residents; assist with business and real estate development; and generate revenues for necessary state and local governmental services.