§ 44-42-5 - Limitation on credit.
SECTION 44-42-5
§ 44-42-5 Limitation on credit. – The credit allowed under this chapter for any taxable year shall not reduce thetax due for that year to less than one hundred dollars ($100). If the amount ofcredit allowable under this chapter for any taxable year reduces the tax to onehundred dollars ($100), any amount of credit not deductible in that taxableyear may be carried over to the following year or years (not to exceed five (5)years) and may be deducted from the taxpayer's tax for that year or years.