Exempts new or used bicycles and bicycle parts from sales and use taxes.

Rhode Island H8197 amends the state's sales and use tax law to exempt new or used bicycles and bicycle parts from sales and use taxes. This change applies to the sale and storage, use, or other consumption of bicycles and bicycle parts within the state. The bill takes effect upon passage.

Exempts new or used bicycles and bicycle parts from sales and use taxes.

Rhode Island H8197 amends the state's sales and use tax law to exempt new or used bicycles and bicycle parts from sales and use taxes. This change applies to the sale and storage, use, or other consumption of bicycles and bicycle parts within the state. The bill takes effect upon passage.