Regulation
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R.I. homeowners receive 4Q mortgage relief valued at $59M
Homeowners in Rhode Island are continuing to receive financial relief from the five mortgage service providers at the center of the National Mortgage Settlement, Attorney General Peter F. Kilmartin announced. more
Report: R.I. economy demands ‘unique approach to economic development’
There’s more to the Rhode Island economy than what is reflected in recent national rankings, according to a report released Wednesday by Fourth Economy Consulting. more
| 2/20/13
Legislators promise collaboration, perspective in 2013 at GPCC lunch
Collaboration, perspective and planning were the watchwords at the Greater Providence Chamber of Commerce’s 2013 Legislative Luncheon, where more than 650 people gathered at the R.I. Convention Center on Wednesday to hear the state’s legislators discuss economic development, tax policy and the state’s business climate. more
Report: R.I. lost $229M in taxes in 2012 to offshore tax havens
(Updated, 4:32 p.m.) Rhode Island lost $229 million in tax revenue due to the use of offshore havens in 2012, according to a report released Tuesday by the R.I. Public Interest Research Group. more
| 2/5/13
Banks contest BofA’s $8.5B Countrywide settlement
Three Federal Home Loan Banks and a fourth financial institutions filed court documents on Friday against Bank of America Corp.’s $8.5 billion agreement to settle claims related to mortgages issued by its Countrywide unit, The New York Times reported. more
| 2/4/13
Prime Healthcare application deemed incomplete
State regulators have determined that the application from Prime Healthcare Services of Ontario, Calif., to purchase Landmark Medical Center is incomplete. more
GA earns 96% compliance rate in SOS ‘Access’ report
The Rhode Island General Assembly complied with the state’s Open Meetings law 96 percent of the time in 2012, according to Secretary of State A. Ralph Mollis’ Access 2012 report. more
| 2/1/13
Cod fishery to be slashed by 77%
On Wednesday night, the New England Fishery Management Council voted to cut the catch limit on Gulf of Maine cod by 77 percent, a move the opposition claims is tantamount to shutting down the industry, The Gloucester Times reported. more
| 1/31/13
RIPEC, EDC, GA form legislation-tracking partnership
The Rhode Island Public Expenditure Council and the R.I. Economic Development Corporation have established a collaborative partnership with the state’s General Assembly to build a legislative database as a resource for Rhode Island businesses. more
| 1/30/13
Report: R.I. tax structure named one of 10 ‘most regressive’
State tax systems across the United States, including Rhode Island, take a larger share of income from middle- and low-income families than from wealthy families, according to a new report by the Institute on Taxation and Economic Policy. more
| 1/30/13
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