Governor Approves Regulations on Car Sharing

Gov. Bruce Rauner said Thursday that he sides with consumers on the issue of car sharing in Illinois. Rauner said the innovative new service, where people rent cars from peers for short periods of time, often by the hour, gives consumers added mobility choices and is likely to result in lower prices.

With his amendatory veto of Senate Bill 2641, Rauner rejected the idea of regulating and taxing car sharing out of business. At the same time, however, he suggested that the new service be subject to certain taxes and insurance on par with existing rental car competitors. 

The governor believes the service has economic potential for the state, saying it could ultimately lessen pressure on public transit, ease parking inventory concerns, and help consumers more readily afford vehicle ownership.