S.B. No. 161 - Peer-to-Peer Car Sharing Requirements

• Establishes comprehensive definitions and regulatory framework for peer-to-peer car sharing programs in Ohio, distinguishing them from traditional vehicle rental and leasing dealers.

• Requires peer-to-peer car sharing programs to collect and maintain detailed information about vehicle owners, drivers, insurance coverage, safety recalls, and usage records for at least three years.

• Mandates minimum motor-vehicle liability insurance coverage of $25,000 per person/$50,000 per accident for bodily injury and $25,000 for property damage, with programs assuming liability when coverage gaps exist.

• Establishes disclosure requirements for programs to inform participants about insurance coverage limitations, daily rates, fees, and conditions for vehicle use outside the active sharing period.

• Designates peer-to-peer car sharing programs as vendors under sales tax law and classifies transactions as consumer transactions subject to consumer protection laws, with liability protections when false information is provided by vehicle owners or drivers.