S541 - Regulate Transportation Network Companies (SL 2015-237)

Overview: S.L. 2015-237 regulates transportation network companies (TNC) by requiring a State permit to operate, maintenance of liability insurance for cars, and background checks for drivers. The act imposes a $5,000 application fee for the permit and a $5,000 renewal fee. The act adds vehicles operated in a TNC service to the list of vehicles that can transport persons for compensation without a for-hire license plate.

This act became effective October 1, 2015.