§ 42-64.9-14. Penalties.
Any taxpayer or employee, officer or agent of any taxpayer that willfully fails to comply with the provisions of this chapter or otherwise submits false or misleading information shall be guilty of a felony and upon conviction shall be fined an amount not more than three (3) times the amount of the tax credit received by the taxpayer, or imprisoned not more than one year, or both.
History of Section.P.L. 2004, ch. 277, § 1; P.L. 2004, ch. 284, § 1.
Structure Rhode Island General Laws
Title 42 - State Affairs and Government
Chapter 42-64.9 - Mill Building and Economic Revitalization Act
Section 42-64.9-1. - Short title.
Section 42-64.9-2. - Legislative findings and purpose.
Section 42-64.9-4. - Definitions and construction.
Section 42-64.9-5. - Building certification process.
Section 42-64.9-6. - Notice of final designation of certified building.
Section 42-64.9-6.1. - Certified building rehabilitation.
Section 42-64.9-6.2. - Impact analysis and periodic reporting.
Section 42-64.9-7. - Specialized investment tax credit.
Section 42-64.9-8. - Business tax credits.
Section 42-64.9-9. - Interest income.
Section 42-64.9-10. - Exemption or stabilization of taxes.
Section 42-64.9-11. - Expedited permit process.
Section 42-64.9-12. - Expiration.
Section 42-64.9-13. - Examination of taxpayer’s records.
Section 42-64.9-14. - Penalties.
Section 42-64.9-15. - Revocation of certification.
Section 42-64.9-16. - Additional rules and regulations.