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NewsSeptember 12, 2019

JEFFERSON CITY, Mo. (AP) -- Missouri lawmakers are backing a bill to ensure people can continue trading in multiple vehicles to get tax breaks on new ones. The House on Wednesday voted 126-21 to pass the measure and send it to the Senate. It would allow multiple vehicle trade-ins to be subtracted from the price of a new car, reducing the sales tax to whatever is owed on the discounted car...

Associated Press

JEFFERSON CITY, Mo. (AP) -- Missouri lawmakers are backing a bill to ensure people can continue trading in multiple vehicles to get tax breaks on new ones.

The House on Wednesday voted 126-21 to pass the measure and send it to the Senate. It would allow multiple vehicle trade-ins to be subtracted from the price of a new car, reducing the sales tax to whatever is owed on the discounted car.

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The Missouri Supreme Court overturned the practice in June. Judges ruled state law only allows one vehicle trade-in to count toward a discounted sales tax.

Republican Gov. Mike Parson in response called a special session for lawmakers to undo the ruling.

While the measure has bipartisan support, Democratic critics say the issue could have waited until lawmakers' regular session begins in January.

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