Sec. 11.1. (a) A
rental company may include in a
rental agreement separately stated surcharges, fees, and charges, including
vehicle license cost recovery fees, airport access fees, airport concession fees, and any applicable taxes.
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Terms Used In Indiana Code 24-4-9-11.1
- rental agreement: means a written contract:
Indiana Code 24-4-9-5
- rental company: means any person engaged in the business of regularly making available, or arranging for another person to use, a vehicle under a rental agreement. See Indiana Code 24-4-9-7
- vehicle: means a private passenger motor vehicle primarily designed for transporting passengers. See Indiana Code 24-4-9-8
- vehicle license cost recovery fee: means a charge imposed by a rental company to recover costs incurred by the rental company in licensing, titling, registering, plating, and inspecting a vehicle. See Indiana Code 24-4-9-8.5
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(c) If a rental company collects, in a calendar year, vehicle license cost recovery fees in an amount that exceeds the rental company’s actual total vehicle licensing, titling, registration, plating, and inspection costs for the calendar year, the rental company shall do the following:
(1) Retain the excess amount.
(2) Reduce the vehicle license cost recovery fee for the following year by a corresponding, proportionate amount.
(d) This section may not be construed to prevent a rental company from adjusting its vehicle license cost recovery fee during a calendar year.
As added by P.L.198-2016, SEC.654.
