Texas HB1395 amends definitions and requires refunds for unused damage waiver charges on vehicle rentals.
Texas HB1395 amends the Business & Commerce Code to redefine "rental agreement" and "rental company." It specifies that a rental agreement is for 180 days or less, detailing terms for vehicle use. A rental company is defined as a business renting vehicles for 180 days or less, excluding those primarily licensed under another chapter. The bill mandates that if a renter returns a vehicle before the rental term ends, the rental company must provide a pro rata refund for any unused damage waiver charge.
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