SB 546 Creates a sales and use tax refund for certain vehicles
Sponsor: Loudon Co-Sponsor(s)
LR Number: 1957S.02I Fiscal Note: 1957-02
Committee: Ways & Means
Last Action: 3/31/2005 - Hearing Conducted S Ways & Means Committee Journal Page:
Title: Calendar Position:
Effective Date: August 28, 2005

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Current Bill Summary

SB 546 - This act allows for a refund of the amount of sales tax paid for the purchase of a motor vehicle which is assembled and sold in Missouri on or after January 1, 2006. An individual that has paid sales tax on the purchase of a motor vehicle may receive a refund of the amount of tax paid upon application to the Department of Revenue. The refund amount shall be deducted from the general revenue fund.