Legislation to allow and regulate peer-to-peer car-sharing programs in Alabama is close to final passage in the Legislature.
Senate Bill 109, by Sen. Chris Elliott, R-Josephine, awaits a final vote in the Alabama House.
Peer-to-peer car sharing platforms allow vehicle owners to connect with potential short-term renters.
“This legislation gives people the freedom to monetize their vehicle that they’ve already paid taxes on without being double taxed again like a corporation – while adding critical consumer protections,” Elliott told Alabama Daily News. “I appreciate my House colleagues advancing the bill and look forward to getting across the finish line.”
The bill includes requirements for insurance, stipulating that during each car-sharing period, both the shared vehicle owner and the shared vehicle driver must be insured under a liability policy.
The bill now awaits a vote in the House.