2018 -- S 2213

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LC004361

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2018

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A N   A C T

RELATING TO TAXATION - RHODE ISLAND NEW QUALIFIED JOBS INCENTIVE ACT

2015

     

     Introduced By: Senators DiPalma, Conley, Felag, Seveney, and Coyne

     Date Introduced: February 01, 2018

     Referred To: Senate Finance

     It is enacted by the General Assembly as follows:

1

     SECTION 1. Section 44-48.3-14 of the General Laws in Chapter 44-48.3 entitled "Rhode

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Island New Qualified Jobs Incentive Act 2015" is hereby amended to read as follows:

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     44-48.3-14. Sunset.

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     No credits shall be authorized to be reserved pursuant to this chapter after December 31,

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2018 January 1, 2018.

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     SECTION 2. This act shall take effect upon passage.

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LC004361

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO TAXATION - RHODE ISLAND NEW QUALIFIED JOBS INCENTIVE ACT

2015

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1

     This act would change the sunset provision of the Rhode Island New Qualified Jobs

2

Incentive Act 2015 from December 31, 2018 to January 1, 2018.

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     This act would take effect upon passage.

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LC004361

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