Last Action | 02/13/19: to Appropriations & Revenue (H) |
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Title | AN ACT relating to the private motor vehicle rentals and making an appropriation therefor. |
Bill Documents | Introduced |
Fiscal Impact Statement | Fiscal Note |
Bill Request Number | 343 |
Sponsors | K. Upchurch, R. Meyer, P. Pratt, J. Sims Jr, C. Stevenson |
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; amend KRS 138.463 to require private vehicle rental program providers to collect usage tax on each vehicle rental transaction; repeal KRS 186.630; APPROPRIATION. |
Index Headings of Original Version |
Fiscal Note - Private vehicle rental transactions, require collection of usage tax Local Government - Private vehicle rentals, license fee on Motor Vehicles - Private vehicle rentals, certificates for program providers Motor Vehicles - Private vehicle rentals, group insurance policy requirements Motor Vehicles - Private vehicle rentals, procedures and regulations for Taxation, Sales and Use - Private vehicle rental transactions, require collection of usage tax Transportation - Private vehicle rentals, procedures and regulations for |
02/12/19 |
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02/13/19 |
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Last updated: 11/9/2023 3:08 PM (EST)