Tax stabilization is a tool used to promote economic development by providing an incentive for commercial and industrial development within a town. Tax stabilization can lead to commercial interest in locating new operations in the town as well as expansion of facilities by existing commercial users, thereby increasing employment opportunities.
Grow Smart does not distinguish between the quality of different ordinances. Rather, this serves as an information clearinghouse and Grow Smart does not necessarily endorse the content of every ordinance.
If you know of a correction or omission, please notify John Flaherty, Deputy Director.
|Bristol||Tax Stabilization for Industrial, Commercial, and Manufacturing Facilities|
|Burrillville||Tax Stabilization on Manufacturing and Commercial Properties|
|Cumberland||Tax Stabilization at Highland Corporate Park|
|East Providence||Tax Increment Financing for Developers in Waterfront District|
|Lincoln||Tax Stabilization to encourage redevelopment|
|Newport||Tax Stabilization on Capital Improvements (.pdf)|
|North Kingstown||Economic Development Tax Incentive|
|North Smithfield||Tax Stabilization Plan|
|Providence||Tax Stabilization, Sec 6-3.11|
|Richmond||Exempting or stabilizing of taxes on qualifying commercial or manufacturing property, Chapter 3.60|
|South Kingstown||Tax Stabilization, Manufacturing and Commercial|
|Westerly||Tax Abatement for Industrial or Commercial Uses to encourage redevelopment|