R.I. Gen. Laws § 16-7-44.1

Current through 2024 Public Law 457

Section 16-7-44.1 - Program restrictions

Housing aid shall not be provided for the purchase of furniture, fixtures and equipment except in the case of a project to construct a new school or new school addition that is also supported by a general obligation or lease revenue bond. Housing aid shall not be provided for projects supported by capital lease agreements that:

(1) are not lease purchase agreements;

(2) do not demonstrate a direct benefit to the school nor are located on school property; and

(3) do not exclude all non-capital costs such as maintenance costs prior to the request for reimbursement.

R.I. Gen. Laws § 16-7-44.1

P.L. 2003, ch. 376, art. 9, § 6.