The bill amends Sections 44-18-7.3 and 44-18-30 of the General Laws in Chapter 44-18, which deals with Sales and Use Taxes Liability and Computation. It introduces a new definition of "services" that includes various activities performed for a fee, while explicitly excluding municipally operated beach parking in Middletown from this definition. The bill also outlines the responsibilities of room resellers regarding tax collection and remittance.

Additionally, it updates the list of gross receipts exempt from sales and use taxes, specifically exempting the amount paid for parking services related to municipally operated beach parking in the town of Middletown. This exemption relieves users from the sales tax burden for these specific parking services. The act is designed to take effect immediately upon passage.