The bill amends Section 44-18-30 of the General Laws in Chapter 44-18, focusing on sales and use tax exemptions. It introduces a new provision that exempts the trade-in value of pickup trucks weighing fourteen thousand pounds (14,000 lbs.) or less from sales and use tax. Additionally, it expands the definition of "automobile" to include a pickup truck with a gross vehicle weight equal to or less than fourteen thousand pounds (14,000 lbs.).

The act will take effect upon passage.

Statutes affected:
31: 44-18-30