2012 -- H 7493

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LC01385

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STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2012

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A N A C T

RELATING TO TAXATION

     

     

     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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H7493