reglab/housing_qa huggingface dataset:
RI Gen L § 42-64.24-8 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.24 - I-195 Redevelopment Project Fund|Section 42-64.24-8 - Sunset.

§ 42-64.24-8. Sunset.No funding, credits, or incentives shall be authorized or authorized to be reserved pursuant to this chapter after December 31, 2022.History of Section.P.L. 2015, ch. 141, art. 19, § 7; P.L. 2018, ch. 47, art. 12, § 6; P.L. 2019, ch. 88, art. 12, § 14; P.L. 2020, ch. 80, art. 1, § 26; P.L. 2021, ch. 162, art. 9, § 8, effective July 6, 2021.
RI Gen L § 42-64.25-1 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-1 - Short title.

§ 42-64.25-1. Short title.This chapter shall be known as the "Small Business Assistance Program Act."History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-2 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-2 - Statement of intent.

§ 42-64.25-2. Statement of intent.The general assembly hereby finds and declares that small businesses are the economic backbone of the state and the source of a majority of new jobs. The general assembly further finds that too many such businesses often have difficulty obtaining capital from traditional banking organizations to start up, improve or expand operations. Providing greater access to capital would enable the formation and expansion of small businesses across the state and provide job opportunities to the state's citizens. The purpose of this act is to assist small businesses that encounter difficulty in obtaining adequate credit or adequate terms for such credit. Among the small businesses that this act aims to assist are minority business enterprises and women-owned business enterprises.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-3 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-3 - Establishment of small business capital access fund.

§ 42-64.25-3. Establishment of small business capital access fund.The small business capital access fund program is hereby created within the Rhode Island commerce corporation. The commerce corporation is authorized, within available appropriations, to provide direct assistance and/or partner with lending organizations to provide funding for loans to small businesses located in Rhode Island. As used in this chapter, a "small business" means a business that is resident in Rhode Island and employs two hundred (200) or fewer persons. The commerce corporation is authorized, from time to time, to establish rules and regulations for the administration of the program.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-4 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-4 - Qualifications of lending organizations.

§ 42-64.25-4. Qualifications of lending organizations.The commerce corporation may elect to partner with an outside lending organization and authorize that organization to receive and administer program funds. Before partnering with an outside lending organization, the commerce corporation may identify eligible lending organizations through one or more competitive statewide or regional solicitations.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-5 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-5 - Program loan structures.

§ 42-64.25-5. Program loan structures.Loan programs shall be structured by the commerce corporation that may include, but not be limited to, the following programs: (a) financing programs for companies that require additional capital outside of conventional senior debt or equity financing channels; (b) direct lending of subordinated and mezzanine debt; (c) collateral support in the form of credit enhancement; (d) pledge of cash collateral accounts to lending institutions to enhance collateral coverage of individual loans; and (e) technical assistance to small businesses.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-6 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-6 - Micro-loan allocation.

§ 42-64.25-6. Micro-loan allocation.Notwithstanding anything to the contrary in this chapter, not less than ten percent (10%) and not more than twenty-five percent (25%) of program funds will be allocated to "micro loans" with a principal amount between two thousand dollars ($2,000) and twenty-five thousand dollars ($25,000). Micro loans will be administered by lending organizations, which will be selected by the commerce corporation on a competitive basis and shall have experience in providing technical and financial assistance to microenterprises.History of Section.P.L. 2015, ch. 141, art. 19, § 8; P.L. 2018, ch. 47, art. 12, § 15.
RI Gen L § 42-64.25-7 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-7 - Lending organization reports.

§ 42-64.25-7. Lending organization reports.Any participating lending organizations shall submit to the commerce corporation annual reports stating the following: the number of program loans made; the amount of program funding used for loans; the use of loan proceeds by the borrowers; the number of jobs created or retained; a description of the economic development generated; the status of each outstanding loan; and such other information as the commerce corporation may require.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-8 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-8 - Audits.

§ 42-64.25-8. Audits.The commerce corporation may conduct audits of any participating lending organization in order to ensure compliance with the provisions of this chapter, any regulations promulgated with respect thereto and agreements between the lending organizations and the commerce corporation on all aspects of the use of program funds and program loan transactions. In the event that the commerce corporation finds noncompliance, the commerce corporation may terminate the lending organization's participation in the program.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-9 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-9 - Termination.

§ 42-64.25-9. Termination.Upon termination of a lending organization's participation in the program, the lending organization shall return to the commerce corporation, promptly after its demand therefor, an accounting of all program funds received by the lending organization, including a transfer of all currently outstanding loans that were made using program funds. Notwithstanding such termination, the lending organization shall remain liable to the commerce corporation with respect to any unpaid amount due from the lending organization pursuant to the terms of the commerce corporation's provision of funds to the lending organization.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-10 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-10 - Discretion.

§ 42-64.25-10. Discretion.The commerce corporation shall have no obligation to grant any loan under this chapter or provide any funding to a lending organization.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-11 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-11 - Limitations.

§ 42-64.25-11. Limitations.(a) The commerce corporation shall not grant any financial commitment from state program funds to any applicant in excess of seven hundred and fifty thousand ($750,000) dollars under this program.(b) The commerce corporation shall have no authority to award grants except to technical assistance providers under this program.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-12 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-12 - Reporting requirements.

§ 42-64.25-12. Reporting requirements.The commerce corporation shall publish a report on the small business capital access fund at the end of each fiscal year. The report shall contain information on the commitment, disbursement, and use of funds allocated under the fund. The report shall also, to the extent practicable, track the economic impact of projects that have been completed using the fund. The report is due no later than sixty (60) days after the end of the fiscal year, and shall be provided to the speaker of the house of representatives and the president of the senate.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-13 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-13 - Program integrity.

§ 42-64.25-13. Program integrity.Program integrity being of paramount importance, the commerce corporation shall establish procedures to ensure ongoing compliance with the terms and conditions of the program established herein, including procedures to safeguard the expenditure of public funds and to ensure that the funds further the objectives of the program.History of Section.P.L. 2015, ch. 141, art. 19, § 8.
RI Gen L § 42-64.25-14 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.25 - Small Business Assistance Program|Section 42-64.25-14 - Sunset.

§ 42-64.25-14. Sunset.No grants, funding, or incentives shall be authorized pursuant to this chapter after December 31, 2022.History of Section.P.L. 2015, ch. 141, art. 19, § 8; P.L. 2018, ch. 47, art. 12, § 7; P.L. 2019, ch. 88, art. 12, § 15; P.L. 2020, ch. 80, art. 1, § 27; P.L. 2021, ch. 162, art. 9, § 9, effective July 6, 2021.
RI Gen L § 42-64.26-1 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-1 - Short title.

§ 42-64.26-1. Short title.This chapter shall be known as the "Stay Invested in RI Wavemaker Fellowship."History of Section.P.L. 2015, ch. 141, art. 19, § 9.
RI Gen L § 42-64.26-2 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-2 - Legislative findings.

§ 42-64.26-2. Legislative findings.The general assembly finds and declares:(1) A well-educated citizenry is critical to this state's ability to compete in the national and global economies.(2) Higher education both benefits individual students and is a public good benefitting the state as a whole.(3) Excessive student loan debt is impeding economic growth in this state. Faced with excessive repayment burdens, many individuals are unable to start businesses, invest or buy homes, and may be forced to leave the state in search of higher paying jobs elsewhere.(4) Relieving student loan debt would give these individuals greater control over their earnings, would increase entrepreneurship and demand for goods and services, and would enable employers in this state to recruit and retain graduates in the fields of science, technology, engineering and mathematics.(5) The Stay Invested in RI Wavemaker Fellowship is designed to achieve the following goals:(i) Promote economic opportunity for people in this state by ensuring access to the training and higher education that higher-paying jobs require;(ii) Bring more and higher-paying jobs to this state by increasing the skill level of this state's workforce;(iii) Offer educational opportunity and retraining to individuals impacted by job loss, workplace injury, disability or other hardship;(iv) Keep young people in the state through incentives for educational opportunity and creation of more high-paying jobs;(v) Encourage an entrepreneurial economy in Rhode Island; and(vi) Accomplish all of the goals in this chapter with as little bureaucracy as possible.History of Section.P.L. 2015, ch. 141, art. 19, § 9.
RI Gen L § 42-64.26-4 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-4 - Establishment of fund - Purposes - Composition.

§ 42-64.26-4. Establishment of fund — Purposes — Composition.(a) There is hereby established the "Stay Invested in RI Wavemaker Fellowship Fund" (the "fund") to be administered by the commerce corporation as set forth in this chapter.(b) The purpose of the fund is to expand employment opportunities in the state and to retain talented individuals in the state by providing tax credits in relation to education loan repayment expenses to applicants who meet the eligibility requirements under this chapter.(c) The fund shall consist of:(1) Money appropriated in the state budget to the fund;(2) Money made available to the fund through federal programs or private contributions; and(3) Any other money made available to the fund.(d) The fund shall be used to pay for the redemption of tax credits or reimbursement to the state for tax credits applied against a taxpayer's tax liability. The fund shall be exempt from attachment, levy or any other process at law or in equity. The director of the department of revenue shall make a requisition to the commerce corporation for funding during any fiscal year as may be necessary to pay for the redemption of tax credits presented for redemption or to reimburse the state for tax credits applied against a taxpayer's tax liability. The commerce corporation shall pay from the fund such amounts as requested by the director of the department of revenue necessary for redemption or reimbursement in relation to tax credits granted under this chapter.History of Section.P.L. 2015, ch. 141, art. 19, § 9.
RI Gen L § 42-64.26-6 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-6 - Reporting.

§ 42-64.26-6. Reporting.(a) The commerce corporation shall require taxpayers to submit annual reports, in such form and on such dates as the commerce corporation shall require, in order to confirm that the taxpayer continues to meet all of the eligibility requirements of this chapter and as a prerequisite to funding any award of tax credits under this chapter.(b) Notwithstanding any other provision of law, no taxpayer shall receive an award without first consenting to the public disclosure of the receipt of any award given under this chapter. The commerce corporation shall annually publish a list of taxpayers receiving awards under this program, their postsecondary institution of higher learning, and their employer on the commerce corporation website and in such other locations as it deems appropriate.History of Section.P.L. 2015, ch. 141, art. 19, § 9.
RI Gen L § 42-64.26-7 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-7 - Remedies.

§ 42-64.26-7. Remedies.(a) If an eligible graduate receiving an award under this chapter violates any provision of this chapter or ceases to meet the eligibility requirements of this chapter, the commerce corporation may, on reasonable notice:(1) Withhold further award until the taxpayer complies with the eligibility or other requirements of the award; or(2) Terminate the award.History of Section.P.L. 2015, ch. 141, art. 19, § 9.
RI Gen L § 42-64.26-8 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-8 - Carry forward and redemption of tax credits.

§ 42-64.26-8. Carry forward and redemption of tax credits.(a) If the amount of the tax credit allowed under this chapter exceeds the taxpayer's total tax liability for the year in which the credit is allowed, the amount of such credit that exceeds the taxpayer's tax liability may be carried forward and applied against the taxes imposed for the succeeding four (4) years, or until the full credit is used, whichever occurs first.(b) The tax credit allowed under this chapter may be used as a credit against personal income taxes imposed under chapter 30 of title 44.(c) The division of taxation shall at the request of a taxpayer redeem such credits in whole or in part for one hundred percent (100%) of the value of the tax credit.(d) Any award issued pursuant to this chapter after January 1, 2021, shall be exempt from taxation under title 44 of the General Laws.History of Section.P.L. 2015, ch. 141, art. 19, § 9; P.L. 2021, ch. 162, art. 9, § 10, effective July 6, 2021.
RI Gen L § 42-64.26-9 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-9 - Implementation guidelines, rules, regulations.

§ 42-64.26-9. Implementation guidelines, rules, regulations.(a) The commerce corporation may adopt implementation guidelines, rules, and regulations pursuant to § 42-35-3 as are necessary for the implementation of this chapter.(b) The commerce corporation shall adopt guidelines to assure integrity and eliminate potential conflicts of interest in the issuing of awards.(c) The division of taxation may adopt implementation guidelines, directives, criteria, and rules and regulations pursuant to § 42-35-3 of the General Laws, as are necessary for the implementation of the division's responsibilities under this chapter.History of Section.P.L. 2015, ch. 141, art. 19, § 9.
RI Gen L § 42-64.26-10 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-10 - Promotion by state agencies.

§ 42-64.26-10. Promotion by state agencies.(a) The commerce corporation and any other agencies engaging in education-related outreach shall integrate promotion of the program into existing educational opportunity outreach efforts to the extent possible in a manner consistent with the scope of the program and its centrality to the state's efforts to raise educational attainment, including, without limitation, promoting the program to Rhode Island permanent residents who enroll in accredited Rhode Island colleges or universities and receive financial aid in the form of student loans.History of Section.P.L. 2015, ch. 141, art. 19, § 9.
RI Gen L § 42-64.26-11 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-11 - Program integrity.

§ 42-64.26-11. Program integrity.Program integrity being of paramount importance, the commerce corporation shall establish procedures to ensure ongoing compliance with the terms and conditions of the program established herein and to safeguard the expenditure of public funds.History of Section.P.L. 2015, ch. 141, art. 19, § 9.
RI Gen L § 42-64.26-12 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.26 - Stay Invested in RI Wavemaker Fellowship|Section 42-64.26-12 - Sunset.

§ 42-64.26-12. Sunset.No incentives or credits shall be authorized pursuant to this chapter after December 31, 2022.History of Section.P.L. 2015, ch. 141, art. 19, § 9; P.L. 2018, ch. 47, art. 12, § 8; P.L. 2019, ch. 88, art. 12, § 16; P.L. 2020, ch. 80, art. 1, § 28; P.L. 2021, ch. 162, art. 9, § 10, effective July 6, 2021.
RI Gen L § 42-64.27-1 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.27 - Main Street Rhode Island Streetscape Improvement Fund|Section 42-64.27-1 - Statement of intent.

§ 42-64.27-1. Statement of intent.It is the intention of the general assembly to foster private-public partnerships in relation to improvement of streetscapes in local business districts by creating a funding program to stimulate investment in such improvements, thus enhancing the environment for business and attracting further investment.History of Section.P.L. 2015, ch. 141, art. 19, § 10.
RI Gen L § 42-64.27-2 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.27 - Main Street Rhode Island Streetscape Improvement Fund|Section 42-64.27-2 - Fund established.

§ 42-64.27-2. Fund established.The main street RI streetscape improvement fund is hereby created within the Rhode Island commerce corporation. The commerce corporation is authorized, within available appropriations, to award loans, matching grants, and other forms of financing to facilitate improvement of streetscapes such as but not limited to (1) enhanced sidewalks, (2) new wayfinding signage, (3) upgraded building facades, and (4) improved street and public space lighting, in support of creating an attractive environment for small business development and commerce. Applications and awards of grants or loans shall be on a rolling basis. There is established an account in the name of the "main street RI streetscape improvement fund" under the control of the commerce corporation, and the commerce corporation shall pay into such account any eligible funds available to the commerce corporation from any source, including funds appropriated by the state and any grants made available by the United States or any agency of the United States.History of Section.P.L. 2015, ch. 141, art. 19, § 10.
RI Gen L § 42-64.27-3 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.27 - Main Street Rhode Island Streetscape Improvement Fund|Section 42-64.27-3 - Rules and regulations.

§ 42-64.27-3. Rules and regulations.The commerce corporation is hereby authorized to promulgate such rules and regulations as are necessary to fulfill the purposes of this chapter, including the criteria by which grant or loan applications will be judged and awarded.History of Section.P.L. 2015, ch. 141, art. 19, § 10.
RI Gen L § 42-64.27-4 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.27 - Main Street Rhode Island Streetscape Improvement Fund|Section 42-64.27-4 - Reporting requirements.

§ 42-64.27-4. Reporting requirements.The commerce corporation shall publish a report on the main street RI streetscape improvement fund at the end of each fiscal year. The report shall contain information on the commitment, disbursement, and use of funds allocated under the fund. The report shall also, to the extent practicable, track the economic impact of projects that have been completed using the fund. The report is due no later than sixty (60) days after the end of the fiscal year, and shall be provided to the speaker of the house of representatives and the president of the senate.History of Section.P.L. 2015, ch. 141, art. 19, § 10.
RI Gen L § 42-64.27-5 (2021)
2021 Rhode Island General Laws|Title 42 - State Affairs and Government|Chapter 42-64.27 - Main Street Rhode Island Streetscape Improvement Fund|Section 42-64.27-5 - Program integrity.

§ 42-64.27-5. Program integrity.Program integrity being of paramount importance, the commerce corporation shall establish procedures to ensure ongoing compliance with the terms and conditions of the program established herein, including procedures to safeguard the expenditure of public funds and to ensure that the funds further the objectives of the program.History of Section.P.L. 2015, ch. 141, art. 19, § 10.