Loading chat...
MO HB1387
Bill
Status
1/14/2014
Primary Sponsor
Sandy Crawford
Click for details
AI Summary
-
Repeals and re-enacts Section 144.030, RSMo, relating to sales tax exemptions on motor vehicle titling.
-
Exempts from local sales tax the titling of motor vehicles that are at least 10 model years old at the time of titling.
-
Applies exemption to local sales tax law, transportation development district taxes, and state sales and use taxes under Sections 144.010-144.525 and 144.600-144.745.
-
Does not affect sales tax on titling of newer motor vehicles (less than 10 model years old).
Legislative Description
Specifies that there will be no local, transportation development district, or state sales and use taxes on the titling of a motor vehicle with a model year of at least 10 years prior to the year it is being titled
Last Action
Public Hearing Completed (H)
4/1/2014