Mo. Code Regs. tit. 12 § 10-26.231

Current through Register Vol. 49, No. 8, April 15, 2024
Section 12 CSR 10-26.231 - [Effective until 8/20/2024] Maximum Dealer Administrative Fees

PURPOSE: This amendment updates the maximum allowable administrative fee.

EMERGENCY STATEMENT: The director of revenue is mandated to calculate and furnish to the public the maximum administrative fee permitted under section 301.558, RSMo. The maximum fee is to be increased annually by an amount equal to the percentage change in the annual average of the Consumer Price Index for All Consumers and be published in the Missouri Register as soon as practicable after January fourteenth of each year. This emergency amendment is necessary to ensure public awareness and to preserve a compelling governmental interest requiring an early effective date in that the amendment informs the public of the established maximum fee to be paid on vehicles for the 2023 calendar year. A proposed amendment covering the same material is published in this issue of the Missouri Register. The director has limited the scope of the emergency amendment to the circumstances creating the emergency. The director has followed procedures calculated to assure fairness to all interested persons and parties and has complied with protections extended by the Missouri and United States Constitutions. Emergency amendment filed February 7, 2024, effective February 23, 2024, expires August 20, 2024.

(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

12 CSR 10-26.231

Adopted by Missouri Register July 1, 2022/Volume 47, Number 13, effective 8/31/2022
Amended by Missouri Register March 1, 2023/Volume 48, Number 5, effective 2/14/2023
Amended by Missouri Register July 3, 2023/Volume 48, Number 13, effective 8/31/2023
Amended by Missouri Register March 15, 2024/volume 49, Number 6, effective 2/23/2024, exp. 8/20/2024 (Emergency).