Rhode Island General Laws > Chapter 44-48.2 – Rhode Island Economic Development Tax Incentives Evaluation Act of 2013
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Terms Used In Rhode Island General Laws > Chapter 44-48.2 - Rhode Island Economic Development Tax Incentives Evaluation Act of 2013
- Baseline: Projection of the receipts, outlays, and other budget amounts that would ensue in the future without any change in existing policy. Baseline projections are used to gauge the extent to which proposed legislation, if enacted into law, would alter current spending and revenue levels.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Statute: A law passed by a legislature.