Tag: Jobs Development Act
On the workforce development front, headwinds persist
In 2022, excitement surged in the state after Breeze Airways announced plans to establish a permanent base at Rhode Island T.F. Green International Airport...
ELECTION26: Gubernatorial race puts performance of R.I. Commerce in spotlight
On the top floor of the Wexford Science & Technology building overlooking Providence’s I-195 District, Gov. Daniel J. McKee stood before business executives and...
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...
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