Missouri Legislative Fix For Rising Vehicle Tax Bills to Return in 2024

Missourians continue to pay a much higher annual property tax bill on their used vehicles and legislative proposals to take hold of these inflated values are on tap to return next year.

State Representative Rodger Reedy, a Republican from western Missouri’s Windsor, is sponsoring a bill that would ensure that used vehicles depreciate in value for taxation purposes.

A shortage of new vehicles has led to the higher annual property tax bill on vehicles.