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Peer to Peer Car Rentals Up For Review

Lawmaker’s are working on a veto override of a bill that allows for widespread renting of personal cars to others. Think of it as Air-b-n-b for vehicles. The bill changed under Gov. Rauner’s amendatory veto pen months ago. Now both sides are fighting to either keep the bill or add regulations that would include taxing peer to peer rentals. 

 

Greg Scott with the American Car Rental Association says his companies aren’t losing business just yet but this emerging car rental market will impact them and state revenues.

About 12,000 cars right now are up for peer to peer rentals in Illinois.

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