Bill > HB1593

This bill establishes requirements for peer-to-peer car sharing programs and subjects them to certain existing laws. Specifically, it: - Exempts peer-to-peer car sharing programs from the surcharge or tax on rental vehicles. - Defines key terms related to peer-to-peer car sharing, such as "car sharing period," "peer-to-peer car sharing program," and "shared vehicle." - Requires peer-to-peer car sharing programs to assume liability for bodily injury, property damage, and uninsured/underinsured motorist losses during the car sharing period, with some exceptions. - Mandates that peer-to-peer car sharing programs ensure the shared vehicle and driver are covered by motor vehicle liability insurance meeting certain minimum requirements. - Imposes recordkeeping and data retention requirements on peer-to-peer car sharing programs. - Exempts peer-to-peer car sharing programs and shared vehicle owners from vicarious liability. - Authorizes insurers to exclude coverage for claims related to vehicles used in peer-to-peer car sharing. The bill amends various sections of the Tennessee Code Annotated to incorporate these new provisions for regulating peer-to-peer car sharing programs.

Budget and Finance, Business and Industry

http://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1593&ga=111