§ 44-34.1-1. Excise tax phase-out. (a)(1) Notwithstanding the provisions of chapter 34 of this title or any other provisions to the contrary, the motor vehicle and trailer excise tax established by § 44-34-1 may be phased out. The phase-out shall apply to all motor vehicles and trailers, including leased vehicles. (2) Lessors of vehicles that […]
§ 44-34.1-2. City, town and fire district reimbursement. (a) In fiscal years 2000 and thereafter, cities, towns, and fire districts shall receive reimbursements, as set forth in this section, from state general revenues equal to the amount of lost tax revenue due to the phase out or reduction of the excise tax. Cities, towns, and […]
§ 44-34.1-3. Permanent oversight commission. (a) There is created a permanent oversight commission on inventory taxes and automobile excise taxes. The commission shall consist of the following members: (1) Chairperson of house finance committee, or designee; (2) Chairperson of senate finance committee, or designee; (3) Chairperson of the Rhode Island vehicle value commission; (4) Three […]
§ 44-34.1-4. Severability. If any provision of this chapter or application of this chapter to any person or circumstances is held invalid, that invalidity shall not affect other provisions or applications of the chapter, which can be given effect without the invalid provision or application, and to this end the provisions of this chapter are […]
§ 44-34.1-5. Excise tax elimination. (a) Notwithstanding any provisions of the general or public laws to the contrary, for each city, town, and fire district, except for the city of East Providence: (1) The motor vehicle and trailer excise tax established by § 44-34-1 shall be repealed effective July 1, 2022. For fiscal year 2023 […]
