payment in lieu of taxes

On Politics
5:17 pm
Thu July 11, 2013

Chafee signs Bryant University tax-exempt legislation

Gov. Lincoln Chafee has signed into law legislation that will require Bryant University and Smithfield town officials to negotiate reimbursement for the university’s use of town police, fire and rescue services.

The university and its president, former U.S. Rep. Ron Machtley, have argued strenuously against the legislation, saying Bryant already contributes to the town and generates $17 in local economic activity. But town officials and Smithfield lawmakers say it is isn’t fair for Bryant to charge town taxpayers for services used by the university and its students.

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