Committee adopts amendment to set vehicle depreciation starting point at 85% of MSRP; substitute for HB 3,035 passes The Special Committee on Tax Reform adopted a committee amendment to House Bill 3,035 that sets vehicles’ starting assessed value at 85% of MSRP, then applies the bill’s depreciation schedule. The committee approved a substitute and voted the bill 'do pass' (5–2–2).

Missouri's Special Committee on Tax Reform has just set a bold new standard for vehicle depreciation, starting at a whopping 85% of MSRP—what does this mean for your wallet?

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#MO #VehicleDepreciation #CitizenPortal #FiscalPolicy #MissouriTaxReform #PropertyTax

hidden costs of car ownership

The Hidden Costs of Car Ownership - What You Need to Know

#hiddencostsofcarownership #carownershipcosts #truecostofowningacar #carmaintenancecosts #vehicledepreciation #carinsurancecosts #fuelexpenses #carownershipexpenses

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