280-20-20 R.I. Code R. § 6.13

Current through June 20, 2024
Section 280-RICR-20-20-6.13 - Historic Tax Credit Apprenticeship Requirements
A. Notwithstanding any laws to the contrary, any credit allowed under R.I. Gen. Laws Chapter 44-33.6 for Hard Construction Costs valued at ten million dollars ($10,000,000) or more shall include a requirement that any contractor and subcontractor working on the project shall have an apprenticeship program as defined herein for all apprenticeable crafts that will be employed on the project as determined at the time of bid. The Contract entered into with the Division of Taxation shall contain a covenant to meet the requirements § 6.13 of this Part. At the time of review of the accountant's cost certification, the Division of Taxation shall confirm with the Rhode Island Department of Labor and Training that the project is/was in compliance with § 6.13 of this Part and shall not approve tax credits related to any QREs disqualified due to the Apprenticeship Requirements under R.I. Gen. Laws § 44-33.6-8. The provisions of this § 6.13 of this Part shall only apply to contractors and subcontractors with five (5) or more employees. For purposes of R.I. Gen. Laws Chapter 44-33.6, an apprenticeship program is one that is registered with and approved by the United States Department of Labor in conformance with 29 C.F.R. § 29and 29 C.F.R. § 30.
B. The Rhode Island Department of Labor and Training must provide information and technical assistance to affected governmental, quasi-governmental agencies, and any contractors awarded projects relative to their obligations under R.I. Gen. Laws Chapter 44-33.6.
C. The Rhode Island Department of Labor and Training may also impose a penalty on the developer of up to five hundred dollars ($500) for each calendar day of noncompliance with R.I. Gen. Laws § 44-33.6-8, as determined by the director of labor and training. Mere errors and/or omissions shall not be grounds for imposing a penalty under this § 6.13 of this Part.
D. Any penalties assessed under R.I. Gen. Laws Chapter 44-33.6 shall be paid to the Rhode Island general fund and shall not be considered QREs.
E. To the extent that any of the provisions contained in R.I. Gen. Laws §§ 37-13-3.1 or 37-13-3.2 conflict with the requirements for federal aid contracts, federal law and regulations shall control.

280 R.I. Code R. § 280-RICR-20-20-6.13