Rhode Island General Laws — Title 44 (Taxation)
R.I. Gen. Laws § 44-18.1-36 — Monetary allowance under Model 1
(A) Each member state shall provide a monetary allowance to a CSP in Model 1 in accordance
with the terms of the contract between the governing board and the CSP. The details
of the monetary allowance will be provided through the contract process. The governing
board shall require that such allowance be funded entirely from money collected in
Model 1.
(B) The contract between the governing board and a CSP may base the monetary allowance
to a CSP on one or more of the following:
(1) A base rate that applies to taxable transactions processed by the CSP.
(2) For a period not to exceed twenty-four months following a voluntary sellerâs registration
through the Agreementâs central registration process, a percentage of tax revenue
generated for a member state by the voluntary seller for each member state for which
the seller does not have a requirement to register to collect the tax.
Source: official text