§ 42-64.28-5. Qualification.
(a) To qualify for a voucher or for a matching fund award under this chapter, a business must make application to the commerce corporation, and upon selection, shall enter into an agreement with the commerce corporation. The commerce corporation shall have no obligation to issue any voucher, make any award, or grant any benefits under this chapter.
(b) In a given tax year, a business shall not receive a voucher or matching-fund award provided for under this chapter in conjunction with the tax credit provided for in § 44-32-3.
History of Section.P.L. 2015, ch. 141, art. 19, § 11; P.L. 2017, ch. 302, art. 2, § 1.
Structure Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-64.28 - Innovation Initiative
Section 42-64.28-1. - Legislative findings.
Section 42-64.28-2. - Definitions.
Section 42-64.28-3. - Programs established.
Section 42-64.28-4. - Eligible uses.
Section 42-64.28-5. - Qualification.
Section 42-64.28-6. - Voucher amounts and matching fund awards.
Section 42-64.28-7. - Rules and regulations.
Section 42-64.28-8. - Program integrity.