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Synopsis As Introduced Amends the Renter's Financial Responsibility and Protection Act. Provides that a rental car company may void a damage waiver if damage or loss to the rental vehicle results from the renter losing or otherwise failing to secure the rental vehicle's keys or any other act of negligence by the renter that would reasonably result in the damage or loss to the rental vehicle.
Senate Committee Amendment No. 1 Replaces everything after the enacting clause. Amends the Renter's Financial Responsibility and Protection Act. Provides that a rental car company may void a damage waiver for failure of a renter to return the rental vehicle's keys to the rental company.
Senate Floor Amendment No. 2 Replaces everything after the enacting clause. Amends the Renter's Financial Responsibility and Protection Act. Provides that a rental car company may void a damage waiver if damage or loss occurs to the rental vehicle when the rental vehicle is stolen and the renter fails to: (i) return the rental vehicle's ignition key and key tag identifying the rental vehicle to the rental company; (ii) file a police report within the 24-hour period after discovery of the rental vehicle theft; and (iii) fully cooperate with the rental company, law enforcement agency, or any other authority in all matters connected to the investigation of the stolen rental vehicle.
House Floor Amendment No. 1 Replaces everything after the enacting clause. Amends the Renter's Financial Responsibility and Protection Act. Removes a provision providing that a rental company shall not charge more than $13.50 per full or partial 24 hour rental day for a collision damage waiver. Removes a provision providing that a rental company may offer a collision damage waiver on any rental vehicle having a value in excess of a Manufacturer's Suggested Retail Price of $50,000.
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