(a)  The Rhode Island economic development corporation shall at least once every five (5) years, commencing in 1993, study the effectiveness of the tax in fulfilling the purposes set forth herein and report to the general assembly on its findings.

lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Rhode Island General Laws 42-63.1-10

  • 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.

(b)  The corporation shall call upon the resources and assistance of other state agencies and the University of Rhode Island department of resource economics in the preparation of its report.

History of Section.
P.L. 1993, ch. 317, § 1; P.L. 1995, ch. 370, art. 12, § 6.