Chapter 302

2012 -- H 7640 SUBSTITUTE A

Enacted 06/20/12

A N A C T

RELATING TO TAXATION -- EXCISE ON MOTOR VEHICLES AND TRAILERS

Introduced By: Representative Stephen R. Ucci

Date Introduced: February 16, 2012

It is enacted by the General Assembly as follows:

SECTION 1. Section 44-18-40 of the General Laws in Chapter 44-18 entitled "Sales and

Use Taxes - Liability and Computation" is hereby amended to read as follows:

44-18-40. Exemption for buses, trucks and trailers in interstate commerce. – (a)

Notwithstanding any provision of the general laws to the contrary, the purchase, rental or lease of

a bus, truck, or trailer by a bus or trucking company is not subject to the provisions of the sales

and use taxes imposed by this chapter on the condition that the bus, truck and/or trailer is utilized

exclusively in interstate commerce.

(b) Notwithstanding any provision of the law or regulation to the contrary, the operation

of a bus by a bus company in interstate commerce shall not be subject to the provisions of the

sales and use tax imposed by this chapter, on the condition that the bus is used eighty percent

(80%) or more of the time in interstate commerce and provided that the bus company shall

provide a properly executed affidavit attesting to the fact that the bus is used no less than eighty

percent (80%) of the time in interstate commerce.

SECTION 2. Section 44-34-4.1 of the General Laws in Chapter 44-34 entitled "Excise on

Motor Vehicles and Trailers" is hereby amended to read as follows:

44-34-4.1. Exemptions for buses, trucks and trailers in interstate commerce. –

(a) Notwithstanding any provision of the general laws to the contrary, the operation of a

bus, truck, or trailer by a bus or trucking company in interstate commerce shall not be subject to

the provisions of the excise tax imposed by this chapter, on the condition that the bus, truck

and/or trailer is utilized exclusively in interstate commerce.

(b) Notwithstanding any provision of the law or regulation to the contrary, the operation

of a bus by a bus company in interstate commerce shall not be subject to the provisions of the

excise tax imposed by this chapter, on the condition that the bus is used eighty percent (80%) or

more of the time in interstate commerce and provided that the bus company shall provide a

properly executed affidavit attesting to the fact that the bus is used no less than eighty percent

(80%) of the time in interstate commerce.

SECTION 3. This act shall take effect upon passage.

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LC01572/SUB A

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