The bill under consideration seeks to repeal Chapter 27-8.3 of the General Laws, which is titled "Peer-To-Peer Car Sharing Program." This repeal would take effect on April 1, 2023, and would remove the existing legal framework that governs peer-to-peer car sharing programs. The deleted language includes definitions, applicability, insurance coverage requirements, and provisions regarding liability during the car sharing period. The bill does not introduce any new substantive legal language to replace the sections being repealed, indicating a complete removal of the regulatory structure for peer-to-peer car sharing programs without an immediate replacement.

The bill also eliminates specific conditions under which insurers or peer-to-peer car sharing programs would be primarily liable for claims, and it removes provisions that required peer-to-peer car sharing program insurance to be primary. New sections are introduced with effective dates, including sections on notification of lien implications, exclusions in motor vehicle liability insurance policies, recordkeeping for car sharing, exemptions from certain liabilities and surcharges, and the right of motor vehicle insurers to seek recovery against the insurer of the peer-to-peer car sharing program. However, the content of these new sections is not provided in the text. The bill's passage would mean that regulations related to insurable interest, consumer protection disclosures, driver's license verification, data retention, responsibility for equipment, and automobile safety recalls for peer-to-peer car sharing programs would no longer be in force.

Statutes affected:
1  SUB A: 27-8.3-2, 27-8.3-3
1: 27-8.3-2, 27-8.3-3