4.8 • 45 Ratings
🗓️ 12 February 2020
⏱️ 20 minutes
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0:00.0 | Welcome to a tech policy podcast. I'm Ashken Kazarian. On today's show, we're going to talk about Florida and what it's doing in the sharing economy space. |
0:14.0 | Joining me, I have Spence Pernell, policy analyst at the Reason Foundation. Spence, welcome to a show. |
0:18.8 | Thank you for having me. So what is going on? You guys right now have an active bill that's going to cover car sharing. And before we go into that, |
0:26.0 | for our listeners who might be confused, do you mind telling them the difference between car sharing |
0:30.4 | and ride sharing? Because even I was confused before you explained it to me. Sure. So ride sharing |
0:35.5 | generally refers to leasing or borrowing a car for 24 hours or less. |
0:41.3 | So you can think of Uber or Lyft or even Zipcar, you know, anything less than 24 hours is generally |
0:47.3 | considered ride sharing. More than 24 hours is considered a rental car. And that is really kind of at the crux of this issue |
0:56.1 | is what defines a rental car and what might that subject to taxation and regulation-wise. |
1:03.0 | Is this a definition that only exists in Florida or would you say based on your expertise |
1:08.9 | that other states have the same definition |
1:11.5 | and the difference between car sharing and red shoring? |
1:14.5 | Other states have this distinction as well. |
1:16.6 | Okay, perfect. |
1:17.9 | So moving on, what is the bill, the active bill about? |
1:20.8 | And I heard that there's a possibility |
1:23.4 | similar bills might pop up in other states. |
1:26.1 | Correct, yeah. |
1:26.8 | So this is mostly in response to the rise of a company called Turo, |
1:31.3 | which is a car-sharing company in the true sense of the word. It's similar to Airbnb, |
1:38.2 | and that the private individual owns the asset, and the platform Turo is there to just facilitate the |
1:48.0 | digital exchange of information. They don't actually own any of the cars or any of the assets. |
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