§ 44-13.1-4. Restriction on abandonments.
No railroad corporation shall be eligible to the tax exemption provided for in § 44-13.1-1 [repealed] if it shall abandon rail freight service during the period July 1, 1985 to June 30, 1989, and eligibility for the exemption shall only be granted upon the receipt by the tax administrator of a certificate from a railroad corporation that no abandonment shall occur during the period specified in this section.
History of Section.P.L. 1985, ch. 470, § 1.
Structure Rhode Island General Laws
Chapter 44-13.1 - Taxation of Railroad Corporations
Section 44-13.1-1. - Repealed.
Section 44-13.1-3. - Payment in lieu of taxes.
Section 44-13.1-4. - Restriction on abandonments.
Section 44-13.1-5. - Repeal of inconsistent acts.
Section 44-13.1-6. - Repealed.
Section 44-13.1-7. - Repeal of exemption and study commission provisions.