Bill Title: Amends the Renter's Financial Responsibility and Protection Act. Provides that beginning January 1, 2013, the amount that a rental company may charge for a collision damage waiver shall increase on the first day of the year and every year thereafter by the lesser of: (i) the Consumer Price Index for all Urban Consumers for the previous calendar year as determined by the United States Department of Labor; or (ii) 5%. Effective immediately.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Failed) 2013-01-08 - Session Sine Die [SB3457 Detail]

Text: Latest bill text (Engrossed) [HTML]

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