Rhode Island § 44-71-4 § 44-71-4. Establishment of Rhode Island low-income housing tax credit program.

Rhode Island Statutes

§ 44-71-4 — § 44-71-4. Establishment of Rhode Island low-income housing tax credit program.

Rhode Island·Title 44 Taxation·Ch. 44-71 Low-Income Housing Tax Credits

§ 44-71-4. Establishment of Rhode Island low-income housing tax credit program.
The Rhode Island low-income housing tax credit program is hereby established as a
            program under the jurisdiction and administration of the  department. The program
            may provide tax credits for a period of five (5) years to applicants that are competitively
            selected and that meet the requirements of this chapter. The  department shall not
            obligate Rhode Island low-income housing tax credits that cumulatively total in excess
            of thirty million dollars ($30,000,000) in any fiscal year.
         

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§ 44-71-4. Establishment of Rhode Island low-income housing tax credit program.

The Rhode Island low-income housing tax credit program is hereby established as a program under the jurisdiction and administration of the department. The program may provide tax credits for a period of five (5) years to applicants that are competitively selected and that meet the requirements of this chapter. The department shall not obligate Rhode Island low-income housing tax credits that cumulatively total in excess of thirty million dollars ($30,000,000) in any fiscal year.

Rhode Island § 44-71-4 (§ 44-71-4. Establishment of Rhode Island low-income housing tax credit program.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.