Kentucky House Bill 425 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 13 2020 - 25% progression, died in committee
Action: 2020-02-20 - posted in committee
Pending: House Banking and Insurance Committee
Text: Latest bill text (Introduced) [PDF]

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.

AN ACT relating to peer-to-peer car sharing.

Rep. Bart Rowland [R]

Date	Chamber	Action
2020-02-20	House	posted in committee
2020-02-18	House	to Banking & Insurance (H)
2020-02-13	House	introduced in House

Type	Source
Summary	https://apps.legislature.ky.gov/record/20RS/hb425.html
Text	https://apps.legislature.ky.gov/recorddocuments/bill/20RS/hb425/orig_bill.pdf