2013 -- S 0732

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LC02043

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2013

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A N A C T

RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND

COMPUTATION

     Introduced By: Senators Walaska, Bates, Raptakis, Felag, and McCaffrey

     Date Introduced: March 13, 2013

     Referred To: Senate 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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     44-18-41. Sales and use tax return annual reconciliation. -- Notwithstanding any

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provision of the general or public laws, or rule or regulation to the contrary, the department of

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revenue shall not require a seller of tangible personal property to file a sales and use tax return

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annual reconciliation, and form T-204 R is hereby declared obsolete and null and void.

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     SECTION 2. This act shall take effect upon passage.

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LC02043

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND

COMPUTATION

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      This act would prohibit the department of revenue from requiring a seller of tangible

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personal property to file a sales and use tax return annual reconciliation.

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      This act would take effect upon passage.

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LC02043

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