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.
The days are getting shorter, our cobalt coastline is cooler. The rhythms of fall return. In our cozy corner of New England, a timeless harbinger of the season is students thronging college campuses.
Behind the teary parental goodbye hugs and lugging the laptops to the dorm looms an uneasiness in the realm of higher education these days. Students loaded down with mountains of debt graduate into an uncertain economy. ``Do you want fries with that diploma’’ is the gallows humor of our age.
Even President Obama is talking about rising college tuitions as students return to campus. RIPR political analyst Scott MacKay talks about what this all means for our flagship public university, the University of Rhode Island.
The days are getting shorter, the breezes off our cobalt coastline are cooler. The rhythms of fall return. In our cozy corner of New England, a timeless harbinger of the season is students thronging college campuses.
Governor Lincoln Chafee’s choice to lead the state Economic Development Corporation faces approval by the full state Senate committee Tuesday. The votes comes amid debate over the EDC’s future.
Chafee’s choice, Marcel Valois, was unanimously approved by a Senate committee last week. Valois led the EDC in the 1990s during Lincoln Almond’s tenure as governor. He says Rhode Island needs to do a better job of helping business when it can and getting out of the way when it can’t.
Governor Lincoln Chafee’s choice to lead the state Economic Development Corporation appears on a fast-track to approval, following his unanimous approval Tuesday by a state Senate committee. Marcel Valois is calling for more support for small innovators and entrepreneurs.
Valois says Rhode Island’s business climate doesn’t have to remain the butt of bad ratings in national surveys. Invoking the state motto of “hope,” he says Rhode Island can prosper by bringing a sharper focus and new approach to economic development.
Fond memories of the late, great Rocky Point Amusement Park ran strong when a bevy of local, state and federal officials converged this morning to announce plans for preserving the park’s remaining 82 acres.
Senator Jack Reed noted how Rocky Point, which closed in 1995, remains iconic in Rhode Island: