Historic Preservation Tax Credits 2013


280-RICR-20-20-6 INACTIVE RULE

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Title 280 Department of Revenue
Chapter 20 Division of Taxation
Subchapter 20 Tax Credits/Deductions
Part 6 Historic Preservation Tax Credits 2013
Type of Filing Adoption
Regulation Status Inactive
Effective 02/27/2014 to 07/31/2018

Regulation Authority:

RIGL § 44-1-4and § 44-33.6-4(i)

Purpose and Reason:

The purpose of this rule making is to implement (RIGL) chapter 44-33.6 “Historic Preservation Tax Credits 2013.” This chapter creates economic incentives for the purpose of stimulating the redevelopment and reuse of Rhode Island’s historic structures, as well as to generate positive economic and employment activities that will result from such redevelopment and reuse. This regulation requires the filing of an application form, payment of a non-refundable three percent (3%) Processing Fee and entering into a Contract with the Rhode Island Division of Taxation. Applicants are also required to file a Part 1 and a Part 2 Application for certification with the Rhode Island Historical Preservation & Heritage Commission.