Scarinci Hollenbeck, LLC
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Author: Scarinci Hollenbeck, LLC
Date: January 2, 2015
The Firm
201-896-4100 info@sh-law.comThe Assembly Transportation and Independent Authorities Committee recently advanced a bill that would impose a number of new legal requirements on ride-sharing providers, including minimum insurance requirements.
So-called transportation network companies (TNCs) use a cell phone application to connect drivers using their personal vehicles with passengers who need a ride. While the service has proven to be wildly popular with the public, it has drawn the ire of the both the taxi cab industry and regulators.
In New York City, Uber, Lyft and other e-hail apps are authorized under a one-year pilot program, which was approved by the New York City Taxi and Limousine Commission (TLC) in 2013. However, other municipalities have taken a more hard line approach by prohibiting ride-sharing services through cease-and-desist letters and threatening to suspend the licenses of participating drivers.
The comprehensive bill currently under consideration by New Jersey lawmakers (Assembly Bill No. 3765) combines seven separate bills. Below are some of the key provisions:
Debate over the proposed legislation is expected to continue. We encourage our readers to check back for updates.
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