Rhode Island General Laws 42-64.12-8.1. Compensation for eminent domain takings for economic development purposes
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Residents who are tenants of property taken for economic development purposes shall be compensated for:
(a) A minimum of one hundred fifty percent (150%) of one month’s rent of such dwelling.
(b) Relocation expenses, including, but not limited to, actual, reasonable and necessary moving and reestablishment expenses.
History of Section.
P.L. 2008, ch. 169, § 1.
Terms Used In Rhode Island General Laws 42-64.12-8.1
- Economic development: means the mobilization of intellectual, human, capital, physical and natural resources to generate marketable goods and services for purposes including, but not limited to, creating jobs, economic and employment opportunities, tax base, and wealth. See Rhode Island General Laws 42-64.12-5
- Property: means land or other real property or any interest, estate, or right therein. See Rhode Island General Laws 42-64.12-5