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You are here: Home / Legislature / House Gives Final Approval to Tax Exemption for Missouri-Made Vehicles

House Gives Final Approval to Tax Exemption for Missouri-Made Vehicles

March 2, 2006 By admin Leave a Comment

The House has given final approval to a bill to exempt Missouri-made vehicles sold in Missouri from the state’s 4.225 percent sales tax. The legislation, sponsored by Representative Michael Spreng of Florissant, is intended to give Missourians an incentive to buy cars and trucks produced in this state. It’s also hoped the incentive to purchase these Missouri-manufactured vehicles will keep many high-paying auto industry jobs from leaving the state. Spreng is also hoping the measure will prompt the Ford Motor Company to reconsider its planned closure of the Hazelwood plant. The measure passed by a vote of 152-1 and now goes to the Senate.

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