IA HF2497

Establishes the "Peer-to-Peer Car Sharing Program Act" in Iowa, creating a regulatory framework for platforms that connect vehicle owners with drivers who rent those vehicles for financial consideration.

Requires peer-to-peer car sharing programs to assume liability for bodily injury and property damage to third parties during car sharing periods, with minimum coverage amounts matching Iowa's existing motor vehicle liability requirements under section 321A.21.

Exempts shared vehicle owners from liability assumption if they make intentional or fraudulent misrepresentations to the program or act in concert with drivers to violate program agreement terms.

Defines key terms including "car sharing period" (from delivery or start time through termination), "shared vehicle" (excludes traditional rental cars and motorcycles), and limits covered vehicles to those carrying no more than nine passengers.

Takes effect July 1, 2026.