Bill > S2082

This bill will gradually eliminate the local meals and beverage tax, which is currently a one percent tax levied on the purchase of food and drinks from establishments like restaurants and bars, with the tax completely disappearing by January 1, 2030. The bill outlines a phased reduction, starting on January 1, 2027, where the tax rate will decrease by 0.25% each year until it reaches zero. This local tax, collected by the state's division of taxation and distributed to the city or town where the purchase occurs, applies to various food and drink items intended for immediate consumption, excluding items sold in grocery stores or from vending machines. The act will become law as soon as it is passed.

Budget and Finance

https://status.rilegislature.gov/