(a) Within three (3) months of the submission of a substantially complete application, the state agency must render a written report on the status of the application. The report shall contain information, which will enable the person to make a sound business decision as to whether or not to pursue the application. The report shall be sent to the applicant.
(b) If the application is not granted, then the state agency shall on the fourth, fifth, and sixth months of the anniversary of submission render a written report on the status of the application. If at the end of the sixth month, a decision has not been rendered on the application, then, in addition to the applicant, a copy of the written report shall be rendered monthly thereafter to the governor and the Rhode Island economic development corporation until a decision to accept or reject the application has been made.
History of Section.
P.L. 1991, ch. 346, § 1; P.L. 2001, ch. 37, § 1; P.L. 2001, ch. 147, § 1.