Missouri Code of State Regulations
Title 12 - DEPARTMENT OF REVENUE
Division 10 - Director of Revenue
Chapter 26 - Dealer Licensure
Section 12 CSR 10-26.231 - Maximum Dealer Administrative Fees
Current through Register Vol. 49, No. 18, September 16, 2024
PURPOSE: The proposed amendment is being filed to establish the annual increase to the maximum administrative fee collected as determined by the annual average of the Consumer Price Index for All Consumers per section 301.558, RSMo.
(1) As required by section 301.558(4), RSMo, the values in the table below are the yearly maximum administrative fees which may be collected by motor vehicle dealers, boat dealers, and powersport dealers licensed pursuant to sections 301.550 to 301.580, RSMo, and as published in the Missouri Register as soon as practicable after January 14 of each year.
|
Maximum Fee (Year) |
CPIAUC Increase |
New Maximum Fee |
Effective Licensure Year |
|
$500 (2021) |
4.7% |
$523.50 |
2022 |
|
$523.50 (2022) |
8.0% |
$565.38 |
2023 |
|
$565.38 (2023) |
3.9% |
$587.43 |
2024 |
