MO HB605

Allows licensed motor vehicle dealers to apply for authority to collect and remit sales tax on motor vehicles sold, effective July 1, 2010, with a 2% retention of collected taxes as compensation.

Prohibits motor vehicle dealers acting as agents under section 32.095 or those authorized to collect sales tax from charging the additional fees specified in section 136.055 for vehicle registration and title services.

Requires motor vehicle dealers who collect sales tax to include the amount of state and local sales tax collected for each vehicle sold in their monthly sales reports to the Department of Revenue.

Permits the director of revenue to appoint motor vehicle dealers as agents for titling and registering vehicles, but only for initial sales or leases, not for subsequent registrations.

Repeals section 32.095 and revises sections 136.055, 144.060, 144.070, and 301.280 to implement the new motor vehicle sales tax collection system.