§ 44-33.2-1. Declaration of purpose.
The general assembly finds and declares that Rhode Island’s historic structures have experienced high vacancy rates and physical deterioration. Without adding economic incentive, these structures are not viable for the redevelopment and reuse by modern commercial, residential or manufacturing enterprises and will continue their physical deterioration. The redevelopment and reuse of these historic structures are of critical importance to the economic measures and will assist in stimulating the reuse and redevelopment of historic structures and will improve property values, foster civic beauty, and promote public education, pleasure, and welfare. The purpose of this chapter is to create economic incentives for the purpose of stimulating the redevelopment and reuse of Rhode Island’s historic structures.
History of Section.P.L. 2001, ch. 134, § 1.
Structure Rhode Island General Laws
Chapter 44-33.2 - Historic Structures — Tax Credit
Section 44-33.2-1. - Declaration of purpose.
Section 44-33.2-2. - Definitions.
Section 44-33.2-3. - Tax credit.
Section 44-33.2-4. - Administration.
Section 44-33.2-4.1. - Historic preservation tax credit trust fund.