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MO HB2045
Bill
Status
Introduced
2/4/2010
Primary Sponsor
Michael Frame
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AI Summary
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Exempts sales of new vehicles assembled and sold in Missouri from state and local sales and use taxes effective January 1, 2011
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Defines "vehicle" to include motorcycles, self-propelled vehicles (except farm tractors), and motorized boats, craft, or vessels used for transport
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Authorizes the Department of Revenue to promulgate rules implementing the exemption provisions
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Makes any rules subject to Chapter 536 rulemaking procedures and requires General Assembly compliance review authority
Legislative Description
Authorizes a state and local sales and use tax exemption for new vehicles assembled and sold in Missouri on or after January 1, 2011, including motorcycles and boats
Last Action
Referred: Tax Reform (H)
5/14/2010
Committee Referrals
Tax Reform5/14/2010
Full Bill Text
No bill text available