Rhode Island General Laws Title 44. Taxation § 44-34.1-5. Excise tax elimination

(1) The motor vehicle and trailer excise tax established by § 44-34-1 shall be repealed effective July 1, 2022. For fiscal year 2023 and thereafter, no tax shall be levied.

(2) For fiscal year 2023, each city, town, and fire district shall receive a reimbursement equal to the amount it received in fiscal year 2017 plus its FY 2018 baseline amount (“FY 2023 reimbursement amount”). A city, town, or fire district is entitled to receive additional reimbursement in fiscal year 2023 as follows:

(3) Any fire district reimbursement amounts outstanding as of June 27, 2022, shall be distributed by August 1, 2022.

(4) For fiscal year 2024 and thereafter, cities, towns, and fire districts shall receive reimbursements in accordance with § 44-34.1-2.

(1) It shall levy the excise tax in its fiscal year 2022 because its implementation of the phase out was delayed by one year to match its fiscal year; provided, however, it shall apply the phase-out parameters for fiscal year 2023 as set forth in §§ 44-34-11 and 44-34.1-1.

(2) The motor vehicle and trailer excise tax established by § 44-34-1 shall be repealed effective July 1, 2023.

(3) For its fiscal year 2023 and thereafter, no tax shall be levied, and the city of East Providence shall receive reimbursements in accordance with § 44-34.1-2.