Rhode Island § 42-64.3-2 § 42-64.3-2. Legislative findings.

Rhode Island Statutes

§ 42-64.3-2 — § 42-64.3-2. Legislative findings.

Rhode Island § 42-64.3-2

Title 42State Affairs and Government

Ch. 42-64.3Distressed Areas Economic Revitalization Act

This text of Rhode Island § 42-64.3-2 (§ 42-64.3-2. 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 § 42-64.3-2 (2026).

Text

§ 42-64.3-2. Legislative findings.
The general assembly finds and declares:
(1) That there are certain distressed areas in this state which are characterized by substantial
            and persistent levels of unemployment; blighted areas; obsolete, dilapidated, and
            abandoned industrial and commercial structures; and, as a consequence, continually
            shrinking tax bases which threaten their very existence;
         
(2) That the numerous programs undertaken by the federal government and the state during
            the past two (2) decades to stop the deterioration and stimulate economic activity
            in these urban

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§ 42-64.3-2. Legislative findings.

The general assembly finds and declares:

(1) That there are certain distressed areas in this state which are characterized by substantial and persistent levels of unemployment; blighted areas; obsolete, dilapidated, and abandoned industrial and commercial structures; and, as a consequence, continually shrinking tax bases which threaten their very existence;

(2) That the numerous programs undertaken by the federal government and the state during the past two (2) decades to stop the deterioration and stimulate economic activity in these urban areas have, in large part, failed;

(3) That it is the public policy of this state to undertake an experimental program to stimulate economic revitalization, promote employment opportunities, and encourage business development and expansion in distressed areas.