Missouri lawmakers have sent legislation to (D) that would levy local sales taxes on vehicles purchased in other states with voters鈥� approval.
The Governor vetoed because it did not give local voters a say in whether they wanted such a tax. In addition, the ruled last year that sales tax collections must be limited to purchases made in Missouri, except in cities and counties that had already approved a sales tax on out-of-state vehicle purchases. The sponsor,(R, Jefferson City), says the decision caused Missouri cities and counties to lose $43 million in revenue last year.
鈥淎nd then dealers are losing hundreds, if not thousands, of sales on RV鈥檚, trailers and cars because of this initiative, and those purchases are going outside of our state," Kehoe said. "When those purchases go outside of the state, so, too, will the jobs.鈥�
of the bill requires local governments to hold a vote on whether to block collecting sales taxes on out-of-state vehicle purchases. Kehoe says he worked closely with the Governor鈥檚 Office on the bill鈥檚 language and is "pretty sure" it鈥檒l be signed into law this year.
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