MO SB386

Increases temporary permit fee for motor vehicle buyers from $7.50 to $9.50 per permit, with no dealer or authorized agent allowed to charge more than this amount.

Directs all fees from dealer licenses and permits (except dealer plates or certificates of number) to be deposited into the newly created "Motor Vehicle Commission Fund" administered by the Missouri Department of Revenue.

Allows buyers of traded-in vehicles to attach license plates from their old vehicle to a newly purchased vehicle for up to 30 days without requiring separate registration.

Permits owners to surrender license plates when transferring ownership due to vehicle category changes and receive credit for unused registration fees toward another vehicle's registration.

Requires used motor vehicle dealer applicants to complete an approved educational seminar within 12 months of applying for a license, with exemptions for auction houses and those holding existing licenses.