306.016. United States Coast Guard documented vessels, certificate of registration, requirements--fees and taxes--duration--temporary registration--termination--availability for inspection.
United States Coast Guard documented vessels, certificate ofregistration, requirements--fees and taxes--duration--temporaryregistration--termination--availability for inspection.
306.016. 1. By January 1, 1995, the owner of any vessel documented bythe United States Coast Guard on August 28, 1994, and the new owner of anyvessel purchased after August 28, 1994, who upon the sale or transfer of thevessel desires to document the vessel with the United States Coast Guard,shall apply for a vessel certificate of registration and pay a certificationfee of seven dollars and fifty cents, an initial registration fee in an amountequal to the amount required for a certificate of number under section 306.030and all applicable state and local or in lieu watercraft taxes as provided bylaw in effect on the date the vessel was documented or submit proof that allapplicable registration fees have been paid to the department of revenue andall applicable taxes or in lieu watercraft taxes have been paid in this oranother state. Such application shall include the county in which such vesselwill be normally maintained by the new owner. A certificate of registrationand a set of registration decals in a form the director shall prescribe shallbe issued for a documented vessel. A Missouri resident shall make applicationfor a vessel certificate of registration within thirty days of acquiring orbringing the vessel into this state. A nonresident shall make application fora vessel certificate of registration within sixty days after acquiring avessel in this state or bringing a vessel into this state if the vessel willbe kept in this state for a period in excess of sixty consecutive days. Adelinquency penalty fee of ten dollars shall be imposed for each thirty daysof delinquency, not to exceed a total of thirty dollars. If the director ofrevenue learns that any person has failed to make application for a vesselcertificate of registration in accordance with this section or has sold avessel documented by the United States Coast Guard without obtaining acertificate of registration as provided in this section, the director shallcancel the registration of all vessels and outboard motors registered in thename of the person, either as sole owner or a co-owner, and shall notify theperson that the cancellation will remain in force until the person pays thedelinquency penalty fee together with all fees, charges, and payments whichthe person should have paid in connection with the vessel certificate ofregistration.
2. A boat or vessel documented by the United States Coast Guard or otheragency of the federal government and operated on the waters of this stateshall not be liable for the payment of any state or local sales or use tax onthe purchase, but shall be liable for the payment of an in-lieu watercrafttax, which is hereby imposed. The fee in lieu of tax imposed pursuant to thissection shall not apply to United States Coast Guard registered vesselspurchased for purposes of marine construction including, but not limited to,barges, dredges, marine cranes, and other marine equipment utilized forconstruction or dredging of waterways. The in-lieu watercraft tax shall becollected by the director of revenue and deposited in the state treasury tothe credit of general revenue and shall be appropriated for use by theMissouri state water patrol. Watercraft dealers in this state shall report tothe director of revenue on forms furnished by the director the sale of eachwatercraft sold to a resident of this state. If the watercraft is registeredand licensed pursuant to the provisions of this chapter and all applicablesales taxes have been paid, the director shall not collect the in-lieu taximposed by this subsection. If the watercraft is registered with the UnitedStates Coast Guard or other agency of the federal government and not under theprovisions of this chapter the director shall bill the purchaser of thewatercraft for the in-lieu tax imposed by this subsection. Any person whofails to pay the in-lieu tax due under this section, within thirty days afterreceipt of the bill from the director of revenue, shall be liable to the samepenalties imposed by law for failure to pay sales and use taxes due the state. The in-lieu tax shall be determined as follows: PURCHASE PRICE OF WATERCRAFT TAX DUE
Less than $15,000 $ 500.00
$15,001 to $30,000 650.00
$30,001 to $50,000 1,000.00
$50,001 to $100,000 1,400.00
$100,001 to $150,000 2,000.00
$150,001 to $200,000 3,000.00
$200,001 to $250,000 4,000.00
$250,001 to $300,000 5,000.00
$300,001 to $350,000 5,500.00
$350,001 to $400,000 6,000.00
$400,001 to $450,000 6,500.00
$450,001 to $500,000 7,500.00
$500,001 to $550,000 8,500.00
$550,001 to $650,000 9,500.00
$650,001 to $750,000 10,500.00
$750,001 and above add an additional 1,500.00
for each $100,000 increment
3. The registration decals for any vessel documented by the UnitedStates Coast Guard shall be in force and effect for a period of three years solong as the vessel is owned or held by the original holder of the certificateof registration and shall be renewed upon application and payment of aregistration renewal fee equal to the amount required for a certificate ofnumber under section 306.030. The owner shall attach the registration decalsto both sides of the forward half of the bow of the documented vessel in aplace that is fully visible.
4. The department of revenue may issue a temporary vessel certificate ofregistration authorizing the operation of a vessel to be documented by theUnited States Coast Guard for not more than sixty days. The temporaryregistration shall be made available by the department of revenue and may bepurchased from the department of revenue or from a dealer upon proof ofpurchase of a vessel. The department shall make temporary certificates ofregistration available to registered dealers in this state in sets of ten.The fee for the temporary certificates of registration shall be five dollarseach. No dealer shall charge more than five dollars for each temporarycertificate of registration issued. The temporary registration shall be validfor a period of sixty days from the date of issuance by the department ofrevenue to the purchaser of the vessel or from the date of sale of the vesselby a dealer from which the purchaser obtains a certificate of registration.The temporary certificate of registration shall be issued on a form prescribedby the department of revenue and issued only for the purchaser's use in theoperation of the vessel purchased to enable the purchaser to legally operatethe vessel while a certificate of registration is being obtained, and shall bedisplayed on no other vessel. Temporary certificates of registration issuedunder this section shall not be transferable or renewable and shall not bevalid upon issuance of a proper certificate of registration. The dealer orauthorized agent shall insert the date of issuance and expiration date, year,make and the manufacturer's identification number of the vessel on thetemporary registration when issued to the purchaser. The dealer shallcomplete the information on the temporary registration in full. Every dealerthat issues a temporary certificate of registration shall keep, for inspectionby authorized officers, a correct record of each temporary certificate ofregistration issued by the dealer by recording the registration number,purchaser's name and address, year, make and manufacturer's identificationnumber of the vessel on which the temporary certificate of registration is tobe used and the date of issuance.
5. Upon the sale or transfer of any vessel documented by the UnitedStates Coast Guard for which a certificate of registration has been issued,the registration shall be terminated. If the new owner elects to have thevessel documented by the United States Coast Guard, the new owner shallsubmit, in addition to the properly assigned certificate of registration,proof of release from the documentation provided by the United States CoastGuard and shall comply with the provisions of this section. If the new ownerelects not to document the vessel with the United States Coast Guard, theowner shall comply with the applicable provisions of this chapter.
6. The certificate of registration shall be available at all times forinspection on the vessel for which it is issued, whenever the vessel is inoperation.
(L. 1994 S.B. 477, et al., A.L. 1995 H.B. 217, A.L. 2003 H.B. 600)Effective 7-01-03