(a)  The commerce corporation shall submit a report annually detailing: (1) The total amount of grants awarded; (2) The number of grants awarded; (3) The amount of each grant and the private funds matching such grants; (4) The recipients of the grants; (5) The specific activities undertaken by recipients of grants; and (6) Such other information as the commerce corporation deems necessary.

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Terms Used In Rhode Island General Laws 42-64.29-7

  • 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.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(b)  The report required under subsection (a) of this section is due no later than sixty (60) days after the end of the fiscal year, and shall be provided to the speaker of the house of representatives and the president of the senate.

History of Section.
P.L. 2015, ch. 141, art. 19, § 12.