House Bill 425

Last Action 02/20/20: posted in committee
Title AN ACT relating to peer-to-peer car sharing.
Bill Documents Introduced
Bill Request Number 1091
Sponsor B. Rowland
Summary of Original Version 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 that insurers may exclude coverage for any claim afforded under a shared vehicle owner's motor vehicle or automobile liability insurance policy; establish certain requirements for insurers that issue policies covering 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 304.14-040, 304.14-060, and 186.630 to conform; EFFECTIVE January 1, 2021.
Index Headings of Original Version Effective Dates, Delayed - Peer-to-peer car sharing, regulation of, January 1, 2021
Insurance, Motor Vehicle - Peer-to-peer car sharing, insurance requirements for
Motor Vehicles - Peer-to-peer car sharing, regulation of
Traffic Safety - Peer-to-peer car sharing, regulation of
Transportation - Peer-to-peer car sharing, regulation of
Consumer Affairs - Peer-to-peer car sharing, regulation of


  • introduced in House
  • to Banking & Insurance (H)
  • posted in committee

Last updated: 10/27/2020 12:10 PM (EDT)
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