The bill amends the Business & Commerce Code to regulate private passenger vehicle rental companies by redefining key terms and introducing new provisions regarding damage waivers. Specifically, it changes the definition of a "rental agreement" and "rental company" to reflect a rental period of 180 days or less, replacing the previous limit of 30 days. Additionally, the bill introduces a new section that mandates rental companies to issue refunds for damage waiver charges if the renter returns the vehicle early or cancels the damage waiver before the anticipated return date, provided the vehicle was not damaged.

These changes are set to take effect on September 1, 2025, and will only apply to rental agreements entered into after that date. Agreements made prior to the effective date will continue to be governed by the existing law. This legislation aims to enhance consumer protection and clarify the responsibilities of rental companies regarding damage waivers.

Statutes affected:
Introduced: Commerce Code 91.001 (Commerce Code 91)
House Committee Report: Commerce Code 91.001 (Commerce Code 91)