Rhode Island § 44-33.6-1 § 44-33.6-1. Declaration of purpose.

Rhode Island Statutes

§ 44-33.6-1 — § 44-33.6-1. Declaration of purpose.

Rhode Island § 44-33.6-1

Title 44Taxation

Ch. 44-33.6Historic Preservation Tax Credits 2013

This text of Rhode Island § 44-33.6-1 (§ 44-33.6-1. 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 § 44-33.6-1 (2026).

Text

§ 44-33.6-1. Declaration of purpose.
The general assembly finds and declares that Rhode Island's historic structures continue
            to experience high vacancy rates and physical deterioration, particularly in Rhode
            Island's central business districts. 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
          

Free access — add to your briefcase to read the full text and ask questions with AI

§ 44-33.6-1. Declaration of purpose.

The general assembly finds and declares that Rhode Island's historic structures continue to experience high vacancy rates and physical deterioration, particularly in Rhode Island's central business districts. 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, create employment opportunities, enhance commerce, and promote public education, pleasure, and welfare. Furthermore, during this unprecedented economic climate, many in the building and construction trades, and related service industries, have been severely impacted. The redevelopment and reuse of these historic structures will serve as a vital catalyst in the recovery of these trades and services, in addition to stimulating various other related economic benefits and business activities. 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, as well as to generate the positive economic and employment activities that will result from such redevelopment and reuse.