HB590--TAXATION
SPONSOR: Knight
COMMITTEEACTION:Voted"DoPass"bytheSpecialCommitteeonTax
Reformbyavoteof9to0.
Thisbillexemptsthesaleofamotorvehiclethatismorethan10
yearsold,andsoldforthepurchasepriceoflessthan$25,000,
fromsalestax.
PROPONENTS: Supporterssaythatusedmerchandiseshouldnotbe
taxedbecausesuchitemswerealreadytaxedwhenoriginally
purchased. Specifically,most10yearoldmotorvehicleshave
alreadybeensold,onaverage,threeseparatetimes.Taxingthis
typeofmotorvehicleisthereforeunfair.
TestifyinginpersonforthebillwasRepresentative Knight.
OPPONENTS: Thosewhoopposethebillsaythatadecreaseor
eliminationofsuchtaxeswouldhaveasubstantialimpactonthe
fundingforMissouri'stransportation systems.
TestifyinginpersonagainstthebillwasMissouriansFor
Transportation Investment.
Writtentestimonyhasbeensubmittedforthisbill.Thefull
writtentestimonyandwitnessestestifyingonlinecanbefound
underTestimonyonthebillpageontheHousewebsite.