AN ACT RELATING TO TAXATION -- SALES AND USE TAXES -- LIABILITY AND COMPUTATION

HB 6400 amends Rhode Island's sales tax law to apply the standard 7% sales tax to retail sales of liquor and wine, which were previously exempt. This change directly affects liquor and wine retailers, as well as consumers purchasing these products. The bill modifies the existing list of tax-exempt sales by removing liquor and wine from the exemption categories in Section 44-18-30. The key mechanism is adding these items to the taxable sales list under the state's general sales and use tax rules. This policy change results in new tax revenue for the state from these specific retail transactions.