Bill > H5786

This bill modifies the existing sales tax exemption for works of art created by Rhode Island-based writers, composers, and artists by expanding the definition of "book or other writing" to include sales up to one thousand five hundred (1,500) copies. Currently, the law provides a sales tax exemption for "one-of-a-kind, limited-production" works created by Rhode Island artists. The new provision explicitly states that while such books or writings can now include up to 1,500 copies, the sales tax exemption will not apply to sales through third-party electronic platforms, bookstores, gift shops, or other retail outlets. This change aims to continue supporting local artists while limiting the scope of the tax exemption. The bill is part of a broader effort to promote Rhode Island's arts community, with the state viewing this as an opportunity to position itself as an arts-friendly destination. The Rhode Island Council on the Arts will oversee the transition and will work with various agencies to promote the program and assess its impact through annual reporting. The act will take effect immediately upon passage.

Budget and Finance

https://status.rilegislature.gov/