Rhode Island General Laws 39-13-17. Exemptions
Every person, firm, or corporation engaged in the business of public passenger transportation in the state of Rhode Island shall be and remain exempt from gasoline and diesel engine fuel taxes for such fuel as is consumed by its public passenger buses used exclusively in its public passenger transportation system, as distinguished from buses used for charter, contract, lease, or school transportation service, and shall be and remain exempt from the motor vehicle registration fees for each public passenger bus used exclusively in its public passenger transportation system as distinguished from buses used for charter, contract, lease, or school transportation service, as provided in § 31-6-1, as amended, in excess of twenty-five dollars ($25.00).
History of Section.
P.L. 1964, ch. 166, § 1.
Terms Used In Rhode Island General Laws 39-13-17
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6