2012 -- H 7493 | |
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LC01385 | |
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STATE OF RHODE ISLAND | |
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IN GENERAL ASSEMBLY | |
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JANUARY SESSION, A.D. 2012 | |
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A N A C T | |
RELATING TO TAXATION | |
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     Introduced By: Representatives Azzinaro, Guthrie, Edwards, Blazejewski, and DaSilva | |
     Date Introduced: February 09, 2012 | |
     Referred To: House Finance | |
It is enacted by the General Assembly as follows: | |
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     SECTION 1. Chapter 44-18 of the General Laws entitled "Sales and Use Taxes - |
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Liability and Computation" is hereby amended by adding thereto the following section: |
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     44-18-8.1. Excise tax not subject to sales or use tax. – Notwithstanding any law or |
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regulation to the contrary, no sales or use tax shall be imposed on the excise tax paid to the cities |
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and towns by purchasers or lessees of motor vehicles. |
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     SECTION 2. This act shall take effect upon passage. |
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LC01385 | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO TAXATION | |
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     This act would prohibit the imposition of a sales or use tax on the excise tax paid to the |
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cities and towns of the state by purchasers or lessees of motor vehicles. |
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     This act would take effect upon passage. |
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LC01385 | |
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