Adds the town of Smithfield to those towns specifically named to tax any person for either a mobile or manufactured home and automatically lien the a mobile or manufactured home.
SB 2840 amends Rhode Island's sales and use tax laws to exempt licensed child care centers from paying sales tax on their purchases. This change directly affects licensed child care providers by removing the tax liability they currently face when buying goods and services for their operations. The bill modifies existing tax exemption categories, specifically adding licensed child care centers to the list of entities that can purchase items tax-free, alongside schools and other educational institutions. The provision applies to tangible personal property used in the daily functioning of these child care facilities, aligning their tax treatment with that of other educational organizations already exempt from the tax.
Exempts certain urban and small farmers from sales taxes, real, tangible and personal property taxes and income taxes. This act would also define urban and small farmers and urban farmland.
Defines an alternative nicotine product as any noncombustible product without tobacco leaf but nicotine from another source and also taxes alternative nicotine products at $2.00 per container up to 20 units.
Imposes a tax equal to four percent (4%) on net investment income, such as interest, dividends, annuities, royalties, capital gains and rental income, of high-income households, estates and trusts, based upon federal guidelines.
Exempts from the sales tax firearm safety equipment, storage devices, gun safes, gun cabinets, gun vaults, gun cases, strong boxes, cable locks, trigger locks and biometric locks.
HB 8199 creates a temporary sales tax holiday for qualifying items on August 8 and 9, 2026. During this period, retailers will not collect sales tax on eligible purchases. The bill directly affects consumers making purchases during those dates and retailers who would normally collect sales tax. This provision exempts specific items from state sales tax for two days, though the abstract does not specify which items qualify.
Exempts from the sales tax eligible school supplies, costing less than $50.00, purchased within one week prior to the commencement of the academic year.
Exempts from sales tax the amount paid for a parking space to a patron for one hour or less, in or on a parking facility on which a commercial establishment is located.
HB 7808 exempts energy storage systems (as defined in § 39-33-1) from Rhode Island's sales and use taxes. This change directly affects businesses that manufacture, install, or purchase these systems, removing a tax burden on their transactions. The bill amends Section 44-18-30 of the General Laws to add energy storage systems as a new category of exempt gross receipts. The exemption applies to sales, storage, use, or consumption of these systems within the state, aligning them with existing tax-exempt categories like school meals or newspapers. The bill is currently in the introduction stage (referred to House Finance on 2/12/2026).