Exempts the trade-in value of pickup trucks weighing 14,000 lbs. or less from sales and use tax.
Rhode Island S2231 amends the sales and use tax law to exempt the trade-in value of pickup trucks weighing 14,000 pounds or less from sales and use tax. This change applies to the trade-in value of such trucks, excluding any other aspects of the sale. The bill takes effect upon passage.
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