SUBJECT: RENTAL MOTOR VEHICLE, GENERAL EXCISE, Peer-to-Peer Car-sharing Surcharge Tax
BILL NUMBER: HB 1971 SD 1
INTRODUCED BY: Senate Committees on Transportation and Commerce and Consumer Protection
EXECUTIVE SUMMARY: Authorizes peer-to-peer car-sharing and establishes regulations thereof. Imposes the general excise tax and rental motor vehicle surcharge tax on peer-to-peer car-sharing programs, including car-sharing program requirements. Requires those persons engaging or continuing in a peer-to-peer car-sharing program to register with the Department of Taxation. Effective 7/1/2050. Continue reading HB 1971 SD 1