SENATE FLOOR VERSION - SB354 SFLR Page 1 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 SENATE FLOOR VERSION February 8, 2023 SENATE BILL NO. 354 By: Haste An Act relating to motor vehicles; requiring motor vehicle rental companies to provide good-faith estimates to customers prior to rent ing motor vehicles; including information necessary for the good-faith estimate to provide; defining terms; providing for codification; and providing an effective date. BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: SECTION 1. NEW LAW A new section o f law to be codified in the Oklahoma Statutes as Section 8-105 of Title 47, unless there is created a duplication in numbering, reads as follows: A. If a motor vehicle rental company imposes ad ditional mandatory charges, the rental company shall: 1. Provide a good-faith estimate of the total charges for t he entire rental, including all additional mandatory charges, whenever a quote is provided to a potential c ustomer. The good-faith estimate may exclude mileage charge s and charges for opti onal items that cannot be determined prior to completing a rental reservation based on the information provided by the potential customer ; and SENATE FLOOR VERSION - SB354 SFLR Page 2 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 2. Disclose in the rental contract pro vided to the renter the total charges for the entire rental, including all additional mandatory charges. Total charges for the entire rental do not include any charges that cannot be determined at the time the rental commences. B. As used in this section : 1. “Additional mandatory charge” means any separately stated charges that a motor vehicle rental company requires a renter to pay that specifically relate to the operation of a rental vehicle. Additional mandatory charge includes, but is not limited to, a customer facility charge, airport concession recovery fee, road safety program fee, vehicle license recovery fee, or any government imposed taxes or fees; 2. “Motor vehicle” means the same as set forth in Section 562 of Title 47 of the Oklahoma Statutes; 3. “Motor vehicle rental agreement ” means an agreement for the rental of a motor veh icle for transportation purposes, for a period no more than ninety (90) days, in return for a fee that is calculated on a daily, weekly, or monthly basis ; 4. “Motor vehicle rental company” means an entity that is in the business of renting, pursuant to mo tor vehicle rental agreements; 5. “Quote” means an estimated cost of rental provided by a motor vehicle rental company to a potential customer based on SENATE FLOOR VERSION - SB354 SFLR Page 3 (Bold face denotes Committee Amendments) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 information provided by the customer, including potential dates of rental, location, or class of vehicle; and 6. “Vehicle license recovery fee ” means a charge to recover costs incurred by a motor vehicle rental company to license, title, register, plate, or inspect a re ntal vehicle. SECTION 2. This act shall become effective November 1, 20 23. COMMITTEE REPORT BY: COMMITTEE ON BUSINESS AND COMMERCE February 8, 2023 - DO PASS