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RI S2096
Bill
Status
1/16/2026
Primary Sponsor
Gordon Rogers
Click for details
AI Summary
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Expands the existing sales tax exemption for trade-in values of automobiles to include pickup trucks with a gross vehicle weight under 8,800 pounds that are used exclusively for personal use
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Amends Rhode Island General Laws Section 44-18-30, which governs gross receipts exempt from sales and use taxes
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Currently, the trade-in allowance exemption applies only to private passenger automobiles not used for hire; this bill adds qualifying pickup trucks to that category
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The exemption applies when a buyer trades in a qualifying pickup truck toward the purchase of a new or used automobile, reducing the taxable amount of the transaction
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Would take effect immediately upon passage
Legislative Description
Exempts the trade-in value of pickup trucks under eight thousand eight hundred pounds (8,800 lbs.) gross weight, used exclusively for personal use, from sales tax.
Taxation
Last Action
Introduced, referred to Senate Finance
1/16/2026