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MO HB1953
Bill
Status
2/20/2014
Primary Sponsor
Bill Reiboldt
Click for details
AI Summary
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Extends the expiration date of Missouri's new tire retail sales fee from January 1, 2015 to January 1, 2020
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Maintains the fifty-cent fee per new tire charged by retailers at the point of sale, collected after applicable sales taxes
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Tire retailers retain 6 percent of collected fees as compensation for collection costs, with remaining fees transferred to the solid waste management fund
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Fee revenue funds tire removal from illegal dumps, grants for waste tire products and fuel uses, and resource recovery activities, with up to 50 percent available for program administration
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Up to 5 percent of revenue may be allocated to develop environmental educational materials and curriculum in cooperation with the Department of Elementary and Secondary Education
Legislative Description
Extends the expiration date for the fee imposed on new tires sold in the state from 2015 to 2020
Last Action
Rules - Reported Do Pass (H)
5/7/2014