280-20-20 R.I. Code R. § 4.7

Current through June 20, 2024
Section 280-RICR-20-20-4.7 - Residential Lead Abatement Tax Relief Limitation
A. R.I. Gen. Laws §44-30-30.1 appropriates two hundred and fifty thousand dollars ($250,000) for the year commencing on July 1, 2004, and for each subsequent fiscal year.
B. An individual is entitled to a credit against his or her Rhode Island personal income tax liability for residential lead removal or lead hazard reduction if he or she:
1. obtains a housing resources commission regulated certificate of conformance for mitigation, pursuant to R.I. Gen. Laws Chapter 23-24.6; or
2. obtains a department of health regulated lead safe certificate for abatement pursuant to R.I. Gen. Laws Chapter 23-24; and
3. lead paint relief shall only apply to residential premises.

280 R.I. Code R. § 280-RICR-20-20-4.7