MO SB484

Changes motor vehicle dealer sales reporting requirement from monthly to weekly, with reports due electronically by Thursday of the succeeding week rather than the 15th of the following month.

Increases corporate surety bond requirement for new motor vehicle franchise dealers, used motor vehicle dealers, powersport dealers, wholesale motor vehicle dealers, trailer dealers, and boat dealers from $25,000 to $50,000.

Increases off-site motor vehicle sale permit fee from $550 to $1,000 and extends advance notice requirement to the department from 10 days to 30 days.

Raises the threshold for unlicensed vehicle sales from 6 or more vehicles to 12 or more vehicles per calendar year.

Increases boat dealer certificate of number fee from $50 to $100 and additional certificate fees from $10.50 to $15 per certificate.