Texas HB4379 amends tax code to apply gross rental receipts tax to shared motor vehicles rented through peer-to-peer car sharing programs.

HB4379 modifies the Texas Tax Code to impose a gross rental receipts tax on the rental of shared motor vehicles through peer-to-peer car sharing programs. The tax applies to the rental charge and is collected and remitted by either the vehicle owner or the program provider. The bill defines "peer-to-peer car sharing program" and "shared vehicle," and it outlines reporting and record-keeping requirements for both vehicle owners and program providers. It also specifies penalties for failure to report and remit the tax. The changes take effect on October 1, 2025.

Texas HB4379 amends tax code to apply gross rental receipts tax to shared motor vehicles rented through peer-to-peer car sharing programs.

HB4379 modifies the Texas Tax Code to impose a gross rental receipts tax on the rental of shared motor vehicles through peer-to-peer car sharing programs. The tax applies to the rental charge and is collected and remitted by either the vehicle owner or the program provider. The bill defines "peer-to-peer car sharing program" and "shared vehicle," and it outlines reporting and record-keeping requirements for both vehicle owners and program providers. It also specifies penalties for failure to report and remit the tax. The changes take effect on October 1, 2025.