The bill proposes an amendment to Chapter 44-18 of the General Laws, specifically adding a new section that prohibits the collection of sales tax on core charges and refundable deposits related to recycling fees, deposits, or disposal fees for batteries and any motor vehicle equipment, parts, or components. The bill specifies that any refundable deposit collected by a retailer for these items must be held in trust for the state in accordance with a specified section of the law. Additionally, the division of taxation is tasked with implementing rules and regulations to enforce this provision.

Furthermore, the bill mandates that the division of taxation must issue a written notice to all retailers of batteries and motor vehicle equipment and parts, informing them that no sales tax should be charged for refundable battery deposits and core charges on any motor vehicle equipment, part, or component. This notice must be prominently displayed at the retailer's premises. The act is set to take effect immediately upon passage. No deletions from the current law are mentioned in the provided text.