The bill amends the General Laws regarding sales and use taxes, providing detailed definitions and clarifications for various terms such as "alcoholic beverages," "bundled transaction," "grooming and hygiene products," "prescription," "delivery charges," "durable medical equipment," and categories of food and drinks. It also defines different types of sellers based on their sales and use tax functions, including Model 1 Seller, Model 2 Seller, and Model 3 Seller, and outlines the tax base and exemptions for telecommunications services. The bill aims to update and clarify the tax code, particularly in relation to the streamlined sales and use tax agreement and current practices.

The bill also specifies various exemptions from sales and use tax for items such as precious metal bullion, commercial vessels, clothing and footwear, food ingredients, and certain services. It includes provisions for licensed motor vehicle dealers, exemptions for manufacturing machinery and equipment, and special adaptations for persons with disabilities. Additionally, the bill exempts certain items from sales tax, such as breast pump collection and storage supplies, and addresses the trade-in value of motorcycles. The bill includes insertions and deletions to the current law, but the specific legal language changes are not provided in the summary. The act would take effect upon passage.

Statutes affected:
5397: 44-18-7.1, 44-18-30