Rhode Island § 44-48.3-12 § 44-48.3-12. Discontinuance of further rate reductions and future beneficiaries under the jobs development act.

Rhode Island Statutes

§ 44-48.3-12 — § 44-48.3-12. Discontinuance of further rate reductions and future beneficiaries under the jobs development act.

Rhode Island § 44-48.3-12

Title 44Taxation

Ch. 44-48.3Rhode Island New Qualified Jobs Incentive Act 2015

This text of Rhode Island § 44-48.3-12 (§ 44-48.3-12. Discontinuance of further rate reductions and future beneficiaries under the jobs development act.) 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 § 44-48.3-12 (2026).

Text

§ 44-48.3-12. Discontinuance of further rate reductions and future beneficiaries under the jobs
               development act.
(a) The rate reduction(s) provided pursuant to chapter 64.5 of title 42 shall be discontinued effective July 1, 2015, except as provided in subsection (b)
            of this section.
         
(b) Any company that has qualified for a rate reduction pursuant to chapter 64.5 of title 42 prior to July 1, 2015, shall be entitled to maintain the rate reduction in effect
            as of June 30, 2015, and no additional rate reduction shall be permitted. All obligations
            of the company required under chapter 64.5 of title 42 to retain a rate r

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§ 44-48.3-12. Discontinuance of further rate reductions and future beneficiaries under the jobs development act.

(a) The rate reduction(s) provided pursuant to chapter 64.5 of title 42 shall be discontinued effective July 1, 2015, except as provided in subsection (b) of this section.

(b) Any company that has qualified for a rate reduction pursuant to chapter 64.5 of title 42 prior to July 1, 2015, shall be entitled to maintain the rate reduction in effect as of June 30, 2015, and no additional rate reduction shall be permitted. All obligations of the company required under chapter 64.5 of title 42 to retain a rate reduction shall remain in full force and effect.