Governor Haley has signed H3525 allowing Transportation Network Companies, such as Uber and Lyft, to continue operating in the state. In January of this year, the Public Service Commission had ruled that TNCs could operate in the state only through June unless the legislature acted.
The Municipal Association was deeply involved with the negotiations to ensure that cities and towns have adequate public safety enforcement control over these companies and that the companies were taxed fairly relative to their competition.
According to the new law, the state Office of Regulatory Staff is charged with collecting a local assessment fee of 1 percent of the total gross trip fare collected from TNC passengers. ORS then distributes this revenue to the individual cities quarterly.
Local governments will enforce local traffic and parking regulations as well as other municipal laws not addressed in the Act.
To learn more about how this new law will affect individual cities, click here.