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MO SB150

Bill

Official Source

Status

Introduced

1/7/2015

Primary Sponsor

Mike Parson

Click for details

Origin

Senate

2015 Regular Session

AI Summary

  • Motor vehicles with a model year at least 10 years prior to the titling year are exempt from state and local sales tax when titled
  • Exemption does not apply to motor vehicles with a sale price exceeding $15,000
  • Amends Section 144.030 RSMo by adding subdivision (43) to the existing list of sales tax exemptions
  • Introduced by Senator Parson and pre-filed December 15, 2014 for the 98th General Assembly First Regular Session

Legislative Description

Exempts certain motor vehicles older than ten years from the sales tax on titling

Last Action

Hearing Conducted S Transportation, Infrastructure and Public Safety Committee

3/18/2015

Committee Referrals

Transportation, Infrastructure and Public Safety1/22/2015

Full Bill Text

No bill text available