Title 44
Taxation

Chapter 33.6
Historic Preservation Tax Credits 2013

R.I. Gen. Laws § 44-33.6-9

§ 44-33.6-9. Reporting requirements.

(a) Each taxpayer requesting certification of a completed rehabilitation shall report to the commission and the division of taxation the following information:

(1) The number of total jobs created;

(2) The number of Rhode Island businesses retained for work;

(3) The total amount of qualified rehabilitation expenditures;

(4) The total cost of materials or products purchased from Rhode Island businesses;

(5) Such other information deemed necessary by the tax administrator.

(b) Any agreements or contracts entered into under this chapter by the division, the commission, or the commerce corporation and the taxpayer shall be sent to the division of taxation and be available to the public for inspection by any person and shall be published by the tax administrator on the tax division website.

(c) By August 15th 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 to the governor, the chairpersons of the house and senate finance committees, the house and senate fiscal advisors, and the department of labor and training. 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.

(d) By September 1st 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.

(e) By September 1, 2018, and biennially thereafter the division of taxation shall report in the aggregate the total number of approved projects, project costs, and associated amount of approved tax credits.

History of Section.
P.L. 2013, ch. 144, art. 22, § 2.