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§ 42-64-22-5 — Rhode Island Law | CourtGPT
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  6. § 42-64-22-5
Rhode Island Legal Code

§ 42-64-22-5

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In order for a qualifying community to be eligible to receive incentives under this chapter, in addition to the provisions set forth herein, the tax stabilization agreement must be for a qualified development project resulting in the creation of at least fifty (50) new full-time jobs, and the developer must commit a capital investment of not less than ten million dollars ($10,000,000.00) towards the project cost. History of Section.P.L. 2015, ch. 141, art. 19, § 5.