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1540 Updates

Rhode Island Senate Majority Leader Dominic Ruggerio is offering a tax stabilization plan for vacant Interstate-195 land in Providence.  Ruggerio says the high tax rates have become an obstacle to job creation and development in Providence.  He says every developer that has expressed interest in I-195 land has said they would not proceed without tax stabilization agreements.  Ruggerio hopes to hold a hearing on the measure next week.




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