CT HB05983

Peer-to-peer car sharing transactions for 30 consecutive calendar days or less will be taxed at 9.35%, matching the existing rate for traditional short-term passenger motor vehicle rentals, effective July 1, 2025

100% of sales and use tax revenue collected from peer-to-peer car sharing will be deposited into the regional planning incentive account, beginning with calendar quarters ending on or after September 30, 2025

The definition of "peer-to-peer car sharing company" is expanded to explicitly include any person, corporation, limited partnership, or other legal entity operating a car sharing platform in Connecticut

Peer-to-peer car sharing is defined as the authorized use of a shared vehicle for financial consideration by someone other than the owner through a car sharing platform, excluding traditional rental car companies licensed under section 14-15