§ 42-64.3-11. Penalty for failure to comply.
Any qualified business, officer or employee of a qualified business who willfully fails to comply with the provisions of this chapter or otherwise submits false or misleading information is guilty of a misdemeanor. Upon conviction, the qualified business, officer or employee of a qualified business shall be fined an amount not to exceed three (3) times the amount of tax credits received by the company or be imprisoned for a period not exceeding one year, or both.
History of Section.P.L. 1994, ch. 176, § 3.
Structure Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-64.3 - Distressed Areas Economic Revitalization Act
Section 42-64.3-1. - Short title.
Section 42-64.3-2. - Legislative findings.
Section 42-64.3-3. - Definitions.
Section 42-64.3-3.1. - Enterprise zone council.
Section 42-64.3-4. - Designation of enterprise zones.
Section 42-64.3-5. - Criteria for enterprise zone designation.
Section 42-64.3-5.1. - Coordination with existing programs.
Section 42-64.3-6. - Business tax credits.
Section 42-64.3-6.1. - Impact analysis and periodic reporting.
Section 42-64.3-7. - Resident business owner tax modification.
Section 42-64.3-7.1. - Repealed.
Section 42-64.3-8. - Repealed.
Section 42-64.3-8.1. - Repealed.
Section 42-64.3-8.2. - Promotion of the zone.
Section 42-64.3-9. - Standards for business property tax adjustment.
Section 42-64.3-9.1. - Authority for business property tax adjustment — West Warwick.
Section 42-64.3-10. - Additional rules and regulations.
Section 42-64.3-10.1. - Qualified business facilities in two enterprise zones.
Section 42-64.3-11. - Penalty for failure to comply.
Section 42-64.3-12. - Applicability to federal enterprise zones and communities.