AL SB232

Establishes the Peer-to-Peer Car Sharing Program Act to authorize and regulate peer-to-peer car sharing programs in Alabama, defining key terms and operational requirements.

Requires peer-to-peer car sharing programs to maintain motor vehicle liability insurance covering bodily injury, property damage, uninsured/underinsured motorists, and personal injury protection with minimum amounts matching state financial responsibility requirements.

Mandates peer-to-peer car sharing programs to collect and retain vehicle usage records for at least the applicable personal injury statute of limitations period and provide records to insurers and parties upon request for claims investigation.

Requires shared vehicle owners to verify vehicles have no unrepaired safety recalls before listing them and prohibits continued listing once a recall notice is received until repairs are completed.

Amends Section 40-12-222 to exempt peer-to-peer car sharing vehicle owners from the 1.5% privilege or license tax on gross proceeds if sales and use taxes were paid when the vehicle was originally purchased.