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:
Rhode Island
Reporting Jurisdiction:
Rhode Island
Jurisdiction type
:
State
:
Fiscal year ending In:
2020
Program name:
Job Training Tax Credits
Program purpose:
Job training
:
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)
