The bill amends Section 44-18-30 of the General Laws in Chapter 44-18, titled "Sales and Use Taxes — Liability and Computation," to clarify and expand the exemptions from sales and use taxes in the state. Notable insertions include a new title for the section, "44-18-30. Gross receipts exempt from sales and use taxes," and detailed definitions for terms such as "newspaper," "returnable containers," and "consumed" in the context of manufacturing. The bill outlines various exemptions, including those for newspapers, school meals, charitable organizations, gasoline, and manufacturing-related purchases. It also specifies the tax exemption process for contractors working with exempt organizations and the conditions under which certain tangible personal property and utilities used in manufacturing are exempt from taxation. Additionally, the bill introduces a new exemption for firearm safety equipment, which includes items such as gun safes, cabinets, and locks, marked as (69). The bill does not indicate any deletions from existing law but focuses on enhancing public safety through the promotion of proper firearm storage. Other exemptions detailed in the bill include those for food items, motor vehicles, and various equipment used in commercial activities, with specific conditions outlined for each exemption. The proposed changes are set to take effect immediately upon passage, aiming to provide clarity and support for various sectors within the state.