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Home » US Law » 2022 Rhode Island General Laws » Title 42 - State Affairs and Government » Chapter 42-64.22 - Tax Stabilization Incentive » Section 42-64.22-5. – Eligibility requirements for qualifying communities.

§ 42-64.22-5. Eligibility requirements for qualifying communities.

In order for a qualifying community to be eligible to receive incentives under this chapter, in addition to the provisions set forth herein, the tax stabilization agreement must be for a qualified development project resulting in the creation of at least fifty (50) new full-time jobs, and the developer must commit a capital investment of not less than ten million dollars ($10,000,000.00) towards the project cost.

History of Section.
P.L. 2015, ch. 141, art. 19, § 5.