Mo. Code Regs. tit. 12 § 10-26.231
Current through Register Vol. 49, No. 21, November 1, 2024.
Section 12 CSR 10-26.231 - Maximum Dealer Administrative FeesPURPOSE: 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 |
Adopted by Missouri Register July 1, 2022/Volume 47, Number 13, effective 8/31/2022Amended by Missouri Register March 1, 2023/Volume 48, Number 5, effective 2/14/2023Amended by Missouri Register July 3, 2023/Volume 48, Number 13, effective 8/31/2023Amended by Missouri Register March 15, 2024/volume 49, Number 6, effective 2/23/2024, exp. 8/20/2024 (Emergency).Amended by Missouri Register August 1, 2024/volume 49, Number 15, effective 9/30/2024.