Senate bill would require a surety bond for tax credits

PROVIDENCE – A Cranston legislator has introduced a bill that would require developers who receive state tax credits to provide a surety bond that will assure they pay their contractors and suppliers. Introduced by Sen. Frank Lombardi, D-Cranston, the measure also would require a sworn affidavit that the developer had no outstanding liens on any…

Want More Free?

To access 2 more articles, please log in or register for free.

Registered users get access to a limited number of free articles every month.

Register Now

Already registered? Login to access more free articles.

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

- Advertisement -