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MO HB1249
Bill
Status
3/12/2015
Primary Sponsor
Kathryn Swan
Click for details
AI Summary
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Removes the November 2016 deadline for local jurisdictions to hold ballot elections on whether to repeal local sales tax on titling of motor vehicles, trailers, boats, and outboard motors purchased from non-Missouri dealers, allowing such elections to occur at any time
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Requires local jurisdictions that previously ceased collecting sales tax on out-of-state vehicle purchases to obtain voter approval before reinstating the tax, using a specified ballot question
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Clarifies that local use taxes adopted under section 144.757 shall apply to titling of motor vehicles, trailers, boats, and outboard motors purchased from non-Missouri dealers unless specifically excluded by ordinance
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Prevents double taxation by requiring the Department of Revenue to collect either sales or use tax, but not both, from jurisdictions that have both taxes on out-of-state vehicle titling
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Changes language from "shall be imposed" to "may be imposed" regarding local sales taxes on state-taxable transactions, providing local jurisdictions more flexibility in tax application
Legislative Description
Modifies provisions relating to sales and use tax
Last Action
Referred: Ways and Means(H)
5/15/2015