Summary of the Introduced Bill

HB 116 -- Sales/Use Tax:  Motor Vehicles

Sponsor:  Hickey

This bill reduces the state sales and use tax rate on motor
vehicles which are purchased or leased from 4.225% to 2.225%.
Local sales and use taxes will still apply to the sale.

The bill has an effective date of January 1, 2002.


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Missouri House of Representatives
Last Updated November 26, 2001 at 11:42 am