Car-sharing rental-exemption bill clears committee

TRENTON – The Assembly Appropriations Committee voted 9-3 to release bill A3233, which would exempt car-sharing organizations from the $5 surcharge on motor vehicle rentals.

The bill defines a car-sharing organization as “an organization that runs a membership program intended to offer an alternative to car ownership under which persons or entities that become members are permitted to use vehicles from a fleet on a hourly basis.”

Under the bill, a car-sharing organization would be differentiated from car rental companies and thereby ensure that alternatives to car ownership receive different tax treatment from car-rental commercial transactions.

 

Car-sharing rental-exemption bill clears committee