MO HB1725

Repeals and reenacts sections 144.083 and 144.087, RSMo, relating to retail sales licensees and bonding requirements.

Eliminates bonding requirements for all new businesses applying for retail sales licenses beginning January 1, 2015.

Adds sections 144.600 to 144.745 to the list of tax codes that must be verified as paid before issuance or renewal of city, county, or state licenses for retail businesses.

Changes the effective date for requiring statements of no tax due from individuals or corporations from January 1, 2009, to January 1, 2018, and expands coverage to sections 143.011 to 143.071.

Specifies that sales tax applies only to the sale price paid by the final purchaser and excludes off-invoice discounts or pricing mechanisms between manufacturers, wholesalers, and retailers.