Supplement: MO SB1015 | 2022 | Regular Session | Summary: Introduced
For additional supplements on Missouri SB1015 please see the Bill Drafting List
Bill Title: Modifies provisions relating to vehicle sales tax
Status: 2022-03-29 - Voted Do Pass S Transportation, Infrastructure and Public Safety Committee [SB1015 Detail]
Download: Missouri-2022-SB1015-Summary_Introduced.html
Bill Title: Modifies provisions relating to vehicle sales tax
Status: 2022-03-29 - Voted Do Pass S Transportation, Infrastructure and Public Safety Committee [SB1015 Detail]
Download: Missouri-2022-SB1015-Summary_Introduced.html
SB 1015 - Under current law, the owner of a motor vehicle, trailer, boat, or outboard motor replaced due to theft or a total loss is entitled to a credit against the taxable price of a replacement purchased within 180 days.
This act removes the requirement that an insured loss was a total loss, provided that the vehicle has not been repaired, and extends the availability of the sales tax allowance on replacements from 180 days to 2 years.
This act is similar to SB 626 (2021).
ERIC VANDER WEERD
