§ 42-66.1-4 — § 42-66.1-4. Cost of security program — Matching funds.
This text of Rhode Island § 42-66.1-4 (§ 42-66.1-4. Cost of security program — Matching funds.) 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
§ 42-66.1-4. Cost of security program — Matching funds.
The cost of the program shall be borne according to the following formula:
(1) In private complexes, twenty-five percent (25%) of the cost shall be absorbed by the state and seventy-five percent (75%) by the owner of the complex.
(2) In public complexes, seventy-five percent (75%) of the cost shall be absorbed by the state and twenty-five percent (25%) by the housing authority. The cost upon which reimbursement is made shall be formulated in accordance with the rules and regulations promulgated by the director pursuant to § 42-66.1
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