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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.

State or TerritoryRhode Island
Effected JurisdictionRhode Island
Jurisdiction type: State or Territory
Fiscal year ending In2022
Program nameHistoric Preservation Tax Credits
Program purpose: Historic Preservation
Statutory authority: Rhode Island General Laws 44-33.6
Abating jurisdiction(s): State of Rhode Island
Applicable taxesBusiness Corporation Tax; Personal Income Tax; Insurance Tax
Method of abatement: Tax Credit
Provisions for recapture: (no provisions for recapture)
Gross revenue loss: $948,000
Reimbursement / offset: $0
Net revenue loss: $948,000
Type of loss: Active
Additional notes on dislosure(none)
Document sourcehttps://controller.admin.ri.gov/sites/g/files/xkgbur621/files/2023-01/AC...