2025 -- H 5314

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LC000966

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     STATE OF RHODE ISLAND

IN GENERAL ASSEMBLY

JANUARY SESSION, A.D. 2025

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A N   A C T

RELATING TO TAXATION -- THE PARKING SERVICES TAXATION ACT

     

     Introduced By: Representatives Kislak, Diaz, J. Lombardi, Hull, Ajello, Slater, Batista,
and Biah

     Date Introduced: February 05, 2025

     Referred To: House Finance

     (City of Providence)

It is enacted by the General Assembly as follows:

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     SECTION 1. Title 44 of the General Laws entitled "TAXATION" is hereby amended by

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adding thereto the following chapter:

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CHAPTER 72

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THE PARKING SERVICES TAXATION ACT

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     44-72-1. Definitions.

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     As used in this chapter:

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     (1) "Parking services" means the act of offering a parking space in or on a parking facility

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for purposes of occupancy by a patron in exchange for a parking fee.

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     44-72-2. Local authority to implement parking services tax.

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     Each city and town in this state is authorized and empowered to pass ordinances requiring

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all sales of parking services be taxed at a rate of no more than seven percent (7%). The tax shall be

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in addition to any other taxes authorized by the general or public laws.

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     44-72-3. Exempt from maximum levy calculations.

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     Any revenue generated through parking services taxes authorized by this chapter shall not

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be included in the calculation of a municipality's maximum levy increase controlled by § 44-5-2.

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     SECTION 2. This act shall take effect on January 1, 2026.

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EXPLANATION

BY THE LEGISLATIVE COUNCIL

OF

A N   A C T

RELATING TO TAXATION -- THE PARKING SERVICES TAXATION ACT

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     This act would grant municipalities the authority to impose a parking services sales tax on

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parking lots and parking structures that charge for parking services through an ordinance. The taxes

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would be collected by the state and redistributed to the municipalities. Furthermore, this act would

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make such revenues exempt from the total tax levy limit imposed by § 44-5-2.

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     This act would take effect on January 1, 2026.

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