§ 44-4.1-1. Declaration of purpose.
The general assembly finds and declares that preservation of Rhode Island’s historic residences enhances an understanding of the state’s heritage, improves property values, fosters civic beauty, and promotes public education, pleasure, and welfare. The purpose of this chapter is to allow cities and towns to provide property tax relief to mitigate against the increased assessment of historic houses when they undergo substantial maintenance or rehabilitation.
History of Section.P.L. 1988, ch. 549, § 1.
Structure Rhode Island General Laws
Chapter 44-4.1 - Historic Residence — Tax Credit
Section 44-4.1-1. - Declaration of purpose.
Section 44-4.1-2. - Definitions.
Section 44-4.1-3. - Property tax reduction.
Section 44-4.1-4. - Completion — Certification.
Section 44-4.1-5. - Restrictive covenant required.
Section 44-4.1-6. - Forfeiture.