PURPOSE: Section 301.558, RSMo, requires that the maximum administrative fee collected by motor vehicle dealers, boat dealers, and powersport dealers licensed pursuant to sections 301.550 to 301.580, RSMo, be increased annually by an amount equal to the percentage change in the annual average of the Consumer Price Index for All Urban Consumers, or its successor index. This rule will annually establish what, if any, maximum administrative fee may be collected by licensees.

1. (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

AUTHORITY: sections 301.553 and 301.558, RSMo Supp. 2021.* Original rule filed Feb. 21, 2022, effective Aug. 30, 2022.