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.
| State: | Rhode Island |
| Effected Jurisdiction: | Rhode Island |
Jurisdiction type: | State |
| Fiscal year ending In: | 2020 |
| Program name: | Job Training Tax Credit |
| Program purpose: | Workforce development |
| Statutory authority: | Rhode Island General Laws 42-64.6 |
| Abating jurisdiction(s): | State of Rhode Island |
| Applicable taxes: | Business Corporation Tax; Public Service Corporation Tax; Bank Tax; Insurance Companies Tax |
| Method of abatement: | Tax Credit |
| Provisions for recapture: | Credit claimed for an employee is recaptured if the employee involuntarily, other than as a result of death or disability, no longer qualifies as a qualifying employee of the employer at any time during the 18-month period following the employee's completion of the program. |
| Gross revenue loss: | $253,000 |
| Reimbursement / offset: | $0 |
| Net revenue loss: | $253,000 |
| Type of loss: | Active |
| Additional notes on dislosure: | (none) |
| Document source: | https://treasury.ri.gov/financial-reports |
