Rhode Island § 44-33.2-1 § 44-33.2-1. Declaration of purpose.

Rhode Island Statutes

§ 44-33.2-1 — § 44-33.2-1. Declaration of purpose.

Rhode Island § 44-33.2-1

Title 44Taxation

Ch. 44-33.2Historic Structures â€” Tax Credit

This text of Rhode Island § 44-33.2-1 (§ 44-33.2-1. Declaration of purpose.) 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 § 44-33.2-1 (2026).

Text

§ 44-33.2-1. Declaration of purpose.
The general assembly finds and declares that Rhode Island's historic structures have
            experienced high vacancy rates and physical deterioration. Without adding economic
            incentive, these structures are not viable for the redevelopment and reuse by modern
            commercial, residential or manufacturing enterprises and will continue their physical
            deterioration. The redevelopment and reuse of these historic structures are of critical
            importance to the economic measures and will assist in stimulating the reuse and redevelopment
            of historic structures and will improve property values, foster civic beauty, and
            prom

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§ 44-33.2-1. Declaration of purpose.

The general assembly finds and declares that Rhode Island's historic structures have experienced high vacancy rates and physical deterioration. Without adding economic incentive, these structures are not viable for the redevelopment and reuse by modern commercial, residential or manufacturing enterprises and will continue their physical deterioration. The redevelopment and reuse of these historic structures are of critical importance to the economic measures and will assist in stimulating the reuse and redevelopment of historic structures and will improve property values, foster civic beauty, and promote public education, pleasure, and welfare. The purpose of this chapter is to create economic incentives for the purpose of stimulating the redevelopment and reuse of Rhode Island's historic structures.