Summary of Original Version

Amend KRS 281.010 to define the terms "private motor vehicle" or "PMV," "vehicle rental transaction," "private vehicle rental" or "PVR," "private vehicle rental program" or "PVRP," "private vehicle rental program provider" or "program provider," "private vehicle rental owner" or "PVR owner," "private vehicle renter" or "renter," "program rental period" or "rental period," and "group policy"; include a private vehicle rental program provider under the definition of a U-Drive-It; create a new section of KRS Chapter 281 to outline standards for a private vehicle rental program; create new sections of Subtitle 20 of KRS Chapter 304 to set forth insurance requirements for program providers for private motor vehicles during the rental period; create a new section of Subtitle 39 of KRS Chapter 304 to clarify the group policy issued to program providers will meet the minimum insurance requirements for a motor vehicle; amend KRS 281.630 to require the cabinet to promulgate administrative regulations on the operation of U-Drive-Its, including private vehicle rental program providers; amend KRS 281.655 to clarify that the group policy issued to program providers satisfies the minimum insurance requirements under KRS Chapter 281; create a new section of KRS Chapter 281 to allow electronic notifications; amend KRS 68.200 to subject private vehicle rental program providers to any motor vehicle rental license fee charged by a county, urban-county, or consolidated local government; create a new section of KRS Chapter 138 to impose a six percent transaction fee on vehicle rental transactions of private vehicle rental program providers; amend KRS 138.463 to exclude private vehicle rental program providers from collecting the usage tax on each vehicle rental transaction; repeal KRS 186.630; APPROPRIATION.

Summary of Amendment: House Floor Amendment 1 -- B. Rowland

Summary Replace original provisions with the following: create new sections of KRS Chapter 365 to establish definitions relating to peer-to-peer car sharing; establish insurance, disclosure, recordkeeping, verification, equipment liability, and airport contracting requirements for peer-to-peer car sharing programs; establish requirements for shared vehicle owners that receive an actual notice of safety recall on a shared vehicle; establish an exemption for peer-to-peer car sharing programs and shared vehicle owners from vicarious liability; create a new section of Subtitle 39 of KRS Chapter 304 to establish certain rights of insurers relating to accidents involving shared vehicles; create a new section of Subtitle 14 of KRS Chapter 304 to provide peer-to-peer car sharing programs with an insurable interest in shared vehicles during the car sharing period; amend KRS 68.200 to allow certain local governments to levy a license fee on peer-to-peer car sharing programs if certain conditions are met; amend KRS 186.630 to conform; EFFECTIVE January 1, 2022.

Summary of Amendment: House Floor Amendment 2 -- B. Rowland

Summary Replace original provisions with the following: create a new section of KRS Chapter 138 to levy a transaction fee upon the consideration or charges paid by users of certain transportation services; direct that fee be deposited into the road fund; levy a transaction fee upon the amount of gross receipts derived from accommodations reserved through an accommodations intermediary; direct that fee be collected in same manner and at same time as sales tax; EFFECTIVE January 1, 2022.

Summary of Amendment: House Floor Amendment 3 -- B. Rowland

Summary Make title amendment.

Statutes affected:
Introduced: 281.010, 281.630, 281.655, 68.200, 138.463