Title 44
Taxation

Chapter 48.3
Rhode Island New Qualified Jobs Incentive Act 2015

R.I. Gen. Laws § 44-48.3-13

§ 44-48.3-13. Reporting requirements.

(a) By August 1 of each year, each applicant approved for credits under this chapter shall report to the commerce corporation and the division of taxation the following information:

(1) The number of total jobs created;

(2) The applicable North American industry classification survey annual system code of each job created;

(3) The annual salary of each job created; and

(4) The address of each new employee.

(b) By September 1, 2016, and each year thereafter, the commerce corporation shall report the name, address, and amount of tax credit approved for each credit recipient during the previous state fiscal year to the governor, the speaker of the house of representatives, the president of the senate, the chairpersons of the house and senate finance committees, the house and senate fiscal advisors, and the department of revenue.

(c) By October 1, 2016, and each year thereafter, the commerce corporation shall report for the year (1) the total number of businesses awarded credits in the previous fiscal year and (2) the name and address of each credit recipient. This report shall be available to the public for inspection by any person and shall be published by the chief executive of the commerce corporation on the commerce corporation and executive office of commerce websites.

(d) By October 1 of each year the division of taxation shall report the name, address, and amount of tax credit received for each credit recipient during the previous state fiscal year. This report shall be available to the public for inspection by any person and shall be published by the tax administrator on the tax division website.

(e) By November 1 of each year the division of taxation shall report in the aggregate the information required under subsection (a) of this section. This report shall be available to the public for inspection by any person and shall be published by the tax administrator on the tax division website.

History of Section.
P.L. 2015, ch. 141, art. 19, § 15; P.L. 2023, ch. 294, § 8, effective June 22, 2023; P.L. 2023, ch. 295, § 8, effective June 22, 2023.