New Missouri law provides tax breaks for certain trucks

| 6/26/2007

Missouri Gov. Matt Blunt has signed a bill into law that includes a provision that offers tax breaks for certain trucks. It also modifies rules for household movers.

The new law, previously SB30, clarifies the common carrier sales tax exemption for the purchase of motor vehicles, with gross weights of 24,000 pounds or more, or trailers.

Missouri law previously applied the exemption only if the common carrier operated solely in interstate commerce. The bill makes the exemption applicable to vehicles and trailers used in both intrastate and interstate commerce.

The new law also allows common carriers of household goods to file applications to the State Highways and Transportation Commission for approval of rates to reflect increases and decreases in the carrier’s costs.

In addition, it repeals “the exemption allowing intrastate household goods movers to operate wholly in municipalities, between contiguous municipalities, or commercial zones” without having to obtain operating authority from the Missouri Department of Transportation.

Until now, household movers have been exempt from the rules and regulations if their operations were restricted to those described areas.

– By Keith Goble, state legislative editor