Title 44
Taxation
Chapter 30
Personal Income Tax
Part II
Residents
R.I. Gen. Laws § 44-30-24
§ 44-30-24. Tax credit for art.
Upon presentation of written certification by the board of curators, an individual shall be entitled to a tax credit. The tax credit shall be equal to ten percent (10%) of each one thousand dollars ($1,000) of the purchase price of the art up to a maximum purchase price of ten thousand dollars ($10,000). Any amount of tax credit not deductible in the taxable year of certification may not be carried over to the following year. The credit may not be applied until all other credits available to the taxpayer for that taxable year are applied.
History of Section.
P.L. 1986, ch. 411, § 2.