HB 517 - Vehicle rental marketplaces

HB 517 - Vehicle rental marketplaces

by
Phil Haunschild
February 26, 2018
Phil Haunschild
February 26, 2018

Bill description: HB 517 would establish a framework for taxing motor vehicle rentals through online marketplaces and would ensure that rentals via these services are not prohibited.

Rating: 0

Does it give government any new, additional, or expanded power to prohibit, restrict, or regulate activities in the free market? Conversely, does it eliminate or reduce government intervention in the market? 


HB 517 explicitly states that the intent of the Legislature is to allow access to motor vehicle rentals through online marketplaces and to prohibit local governments from limiting this access. Allowing individuals and organizations access to motor vehicle rental marketplaces would protect the ability of individuals to make use of their vehicles in the best way they see fit

(+1)

Does it directly or indirectly create or increase any taxes, fees, or other assessments? Conversely, does it eliminate or reduce any taxes, fees, or other assessments? 


HB 517 requires any vehicle rental marketplace to register with the state Tax Commission within 45 days of facilitating its first transaction in the state of Idaho. The marketplace would then be required to remit state and local taxes that would fall on either the vehicle owner or the vehicle renter.

(-1)

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