Tag: Jobs Development Act
Should the state discontinue the money-losing Jobs Development Act program?
The state’s Jobs Development Act program has consistently lost money over the years but lawmakers have resisted making any substantive changes to the tax...
State report: Jobs Development Act fails to break even, but what...
A new state report on Rhode Island's tax incentive program Jobs Development Act shows that the program, which offers tax breaks to companies creating...
Legislators slow to address tax incentive program deemed ineffective
An R.I. Office of Revenue Analysis report critical of a 28-year-old tax incentive program intended to create jobs hasn’t exactly inspired legislators to move...
R.I. tax incentive/credit programs account for $32.2M in FY20
PROVIDENCE – Tax credits and incentives under the state's Jobs Development Act, Historic Preservation Tax Credits and Motion Picture Production Tax Credits totaled $32.2...