S3027

	2024 -- S 3027
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	LC005611
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	STATE OF RHODE ISLAND
	IN GENERAL ASSEMBLY
	JANUARY SESSION, A.D. 2024
	____________
	A N A C T
	RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND
	COMPUTATION

	Introduced By: Senators Ruggerio, McKenney, Felag, Sosnowski, LaMountain, and Lawson
	Date Introduced: May 02, 2024
	Referred To: Senate Finance
	It is enacted by the General Assembly as follows:
1	SECTION 1. Section 44-18-18 of the General Laws in Chapter 44-18 entitled "Sales and
2	Use Taxes — Liability and Computation" is hereby amended to read as follows:
3	44-18-18. Sales tax imposed.
4	A tax is imposed upon sales at retail in this state, including charges for rentals of living
5	quarters in hotels as defined in § 42-63.1-2, rooming houses, or tourist camps, at the rate of six
6	percent (6%) of the gross receipts of the retailer from the sales or rental charges; provided, that the
7	tax imposed on charges for the rentals applies only to the first period of not exceeding thirty (30)
8	consecutive calendar days of each rental; provided, further, that for the period commencing July 1,
9	1990, the tax rate is seven percent (7%); provided, further, that for the period commencing July 1,
10	2024, the tax rate is six and one-half percent (6 ½%). The tax is paid to the tax administrator by the
11	retailer at the time and in the manner provided. Excluded from this tax are those living quarters in
12	hotels, rooming houses, or tourist camps for which the occupant has a written lease for the living
13	quarters which lease covers a rental period of twelve (12) months or more.
14	SECTION 2. This act shall take effect upon passage.
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	LC005611
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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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1	This act reduces the sales tax from seven percent (7%) to six and one-half percent
2	(6 ½%).
3	This act would take effect upon passage.
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	LC005611
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	LC005611 - Page 2 of 2