The Rhode Island General Assembly and Gov. Lincoln Chafee approved legislation reinstating historic tax credits that are used as a spur to help finance restoration of historic buildings in the Ocean State. Tomorrow, the RI Division of Taxation will hold a lottery drawing for the reopened tax credit program.
The program has been generally closed since 2008, according to a statement from Neil Downing, the division’s chief revenue agent. But some projects were grandfathered in and have been proceeding. But about $34.5 million in credits available but unclaimed as of May 15, 2013.
A group opposing same-sex marriage says it’s confident that the Rhode Island Senate will defeat legislation allowing same-sex couples to marry. The bill passed handily Thursday night in the House
Just minutes after the historic vote in the House, speaker Gordon Fox urged Senate President Teresa Paiva Weed to pass the bill in her chamber. There’s no word when the senate judiciary committee will take it up, and Paiva Weed opposes the legislation.