Home Forums Motor Vehicles Phase Out or Not to Phase Out

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  • David Robert
    Participant
    Post count: 12

    Has anyone heard the latest on the possibility that the phase out is indeed not happening and there is some thought to reinstating this tax based on the Massachusetts model?

    Charlene G Randall
    Participant
    Post count: 14

    Yes but I’m trying to remember if it was in legislation form or just in discussion. I’d be more than happy to see it go away but highly doubt the cost to the State can be maintained for long. Assuming we will all be paying some sort of toll eventually to help cover the cost.

    Kenneth Mallette
    Member
    Post count: 12

    I understand they can submit new until the end of this week. But nothing will stop a budget amendment. Read the study by Municipal Finance on neighboring states. Interesting that the Governor would ask for a study if it was going away. Just remember the tobacco money and what happened to that fund.

    Chris Celeste
    Keymaster
    Post count: 33

    Looks like they’re going in the other direction… See article Mark C posted here: https://riaao.org/forums/topic/accelerate-motor-vehicle-phase-out-schedule/

    Chris Celeste
    Keymaster
    Post count: 33

    FYI – that study was done because it’s part of the phase out legislation, not because someone thought it would be a good idea to keep taxing cars.
    See: http://webserver.rilin.state.ri.us/Statutes/TITLE44/44-34.1/44-34.1-2.htm
    subsection (b)(6):
    (6) For fiscal year 2020 and thereafter, the department of revenue shall assess the feasibility of standardizing the motor vehicle and trailer excise tax calculation methodology across all cities, towns, and fire departments. Based on this assessment, the department of revenue may make recommendations for changes to the motor vehicle and trailer excise tax calculation methodology.
    Beginning on January 1, 2021, the director of the department of revenue shall file an annual report for the consideration of the general assembly with the president of the senate, speaker of the house, chairperson of the senate committee on finance and chairperson of the house committee on finance, containing recommendations and findings as to the feasibility of the motor vehicle excise tax phase-out in each year until the phase-out is complete.

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