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CO SB055
Bill
AI Summary
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Narrows the daily vehicle rental fee to apply only to "short-term vehicle rentals," defined as motor vehicles with a gross vehicle weight rating of 26,000 pounds or less rented for periods not exceeding 30 days.
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Imposes a $2 per day fee on short-term vehicle rentals by persons whose primary business is renting vehicles for less than 45 days, including renewals.
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Exempts subsequent renewals of short-term vehicle rentals from the fee to the extent the renewal extends the total rental period beyond 30 days.
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Requires rental invoices to separately list the daily vehicle rental fee as a Colorado road safety program fee.
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Takes effect July 1, 2014.
Legislative Description
Vehicles Subject To Daily Rental Fee
Last Action
Governor Signed
3/27/2014
Committee Referrals
Transportation and Energy2/4/2014
Business, Labor, & Technology1/10/2014
Full Bill Text
No bill text available