Pew Offers Insights on Creating Economic Development Tax Incentives in Rhode Island

The Pew Charitable Trusts sent a letter to Rhode Island Senator Louis P. DiPalma on April 17 offering insights on best practices for designing economic development tax incentives.

The letter is designed to help state lawmakers think through key concepts when creating incentives. It describes the questions that lawmakers should ask and concepts that help answer them.

It also provides a “sunrise analysis” form to note to what extent an incentive aligns with these practices. The form could be used to inform discussion about a proposed tax incentive.