2013 -- H 5980

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LC02396

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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 TAX HOLIDAY

     Introduced By: Representatives Marshall, Blazejewski, Hull, Gallison, and O'Brien

     Date Introduced: April 11, 2013

     Referred To: House Finance

It is enacted by the General Assembly as follows:

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     SECTION 1. Chapter 44-18.1 of the General Laws entitled "Adoption of the Streamlined

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Sales and Use Tax Agreement" is hereby amended by adding thereto the following section:

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     44-18.1-23.1. Roger Williams sales tax holiday. -- (a) There shall be a sales tax holiday

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on May 25, 26 and 27, 2013, which shall be named the "Roger Williams Sales Tax Holiday." All

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sales in this state during that time period are included and exempt from all sales and use taxes.

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     (b) A sales tax holiday shall be in effect in Rhode Island for each and every day during

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which a sales tax holiday is in effect in the Commonwealth of Massachusetts.

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     (c) The tax administrator shall report to the general assembly on or before December 31

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of each year the gross amount of sales tax revenue that would have been collected by the state but

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for the previous year's sales tax holiday.

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     SECTION 2. This act shall take effect upon passage and shall expire January 1, 2014.

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LC02396

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N A C T

RELATING TO TAXATION -- SALES TAX HOLIDAY

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     This act would create a sales tax holiday in the state of Rhode Island on May 25, 26 and

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27, 2013, which would apply to all sales during that time and would be known as the "Roger

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Williams Sales Tax Holiday." The act would establish a sales tax holiday in Rhode Island for

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each day during which there is a sales tax holiday in the Commonwealth of Massachusetts.

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Finally, this act would require the tax administrator to report to the general assembly the amount

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of sales tax revenue not collected because of a sales tax holiday.

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     This act would take effect upon passage and would expire January 1, 2014.

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LC02396

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