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Tax Break Tracker Individual Entry

Each individual entry is a single program reported by a single jurisdiction in a given fiscal year. Because we want to track the level and quality of disclosure as well as the content, the values below -- with the exception of program names -- are entered exactly as they are reported. See our user guide for more explanations.

StateRhode Island
Effected JurisdictionRhode Island
Jurisdiction type: State
Fiscal year ending In2017
Program nameJob Development Act
Program purpose: Job Creation/Retention
Statutory authority: (data not yet retrieved)
Abating jurisdiction(s): State of Rhode Island
Applicable taxesFinancial Institutions Tax
Method of abatement: (data not yet retrieved)
Provisions for recapture: No
Gross revenue loss: $8,954,000
Reimbursement / offset: $0
Net revenue loss: $8,954,000
Type of loss: Active
Additional notes on dislosureRhode Island's CAFR lists several additional subsidy programs, providing details of each, but no disclosure of subsidy losses.
Document sourcehttps://treasury.ri.gov/financial-reports