(A) This chapter shall be known as and referred to as USE TAX ON CONSTRUCTION AND BUILDING MATERIALS.
(B) The purpose of this chapter is to raise revenue for capital acquisitions and capital projects in the town and provide a complementary tax to the town’s sales tax. The Town Council finds that every person who uses or consumes in the town any construction and building materials is exercising a taxable privilege.
(C) Subject to the specific exemptions listed in § 2-8-5 of this chapter, the use tax imposed by this chapter shall apply to any use or consumption in the town of construction and building materials purchased at retail inside or outside the town on or after January 1, 2008.
(Ord. 37(2007) § 1)