RELATING TO THE RENTAL MOTOR VEHICLE SURCHARGE TAX.

SB 2562 requires rental companies to prorate the surcharge tax (an additional fee on vehicle rentals) when a customer rents a vehicle for fewer than six hours in a single day. This change directly affects short-term renters (e.g., those using a car for a few hours for errands or a quick trip) and the rental companies that collect the tax. Instead of charging the full daily surcharge for partial-day rentals, the tax would be calculated based on the actual rental duration. The bill aims to reduce the tax burden for brief rental periods while maintaining the tax structure for longer rentals.