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MO HB2191
Bill
Status
3/26/2014
Primary Sponsor
Michael Frame
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AI Summary
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Exempts sales of new vehicles assembled and sold in Missouri from state sales and use tax effective January 1, 2015
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Defines "vehicle" to include motorcycles, self-propelled vehicles (except farm tractors not operated on tracks), and motorized boats, crafts, or vessels used for water transport
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Authorizes the Department of Revenue to promulgate rules to implement the exemption provisions
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Makes the rulemaking authority subject to Chapter 536 procedures, including legislative review and approval requirements
Legislative Description
Authorizes a state sales and use tax exemption for new vehicles assembled and sold in Missouri on or after January 1, 2015, including motorcycles and boats
Last Action
Referred: Ways and Means(H)
5/16/2014