By passing legislation that allows for the creation of so-called “benefit corporations,” as well as what are known as L3C, or low-profit limited liability corporations, the General Assembly, and Gov. Lincoln D. Chafee, who signed the bill into law, have made a small improvement in the state’s business climate.
In the final days of the recently ended 2013 session, the R.I. General Assembly passed legislation, which Gov. Lincoln D. Chafee subsequently signed, that will put our state on the road toward a statewide mattress recycling program endorsed by industry, supported by environmental advocates and welcomed by municipalities.
Guest Column: Jamie Rhodes and Ryan Trainer
Too many in Rhode Island do not understand in their bones that we have a continuing spending problem. Exhibit A: legislation passed in the just-concluded legislative session that raised the allowable tax on gross rental receipts from affordable-housing projects that towns and cities can charge (in lieu of a standard property tax) from 8 percent to 10 percent.
PBN's annual Book of Lists has been an essential resource for the local business community for almost 30 years. The Book of Lists features a wealth of company rankings from a variety of fields and industries, including banking, health care, real estate, law, hospitality, education, not-for-profits, technology and many more.