Gov. Pat McCrory has signed into law state regulations for ridesharing companies where potential customers use smartphone apps to hail drivers and complete cashless transactions.
McCrory signed the legislation Sept. 4 at the Charlotte Chamber of Commerce. He says the rules will help these “transportation network companies” grow, encourage competition and increase safety for those who use them.
These car services are available in North Carolina through companies such as Uber, Lyft and Sidecar.
The measure, approved by wide margins at the General Assembly, sets minimum standards for background checks of potential drivers and company liability coverage on private cars owned by their contract drivers. The companies also must pay $5,000 annual permit fees.
Uber publicly endorsed the regulations.
Topics Legislation North Carolina Ridesharing
Was this article valuable?
Here are more articles you may enjoy.
Chubb Q1 Net Income Increases 74% on Fewer Catastrophe Losses 
Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud 
Carnival Cruise Passenger Served 14 Shots Awarded $300,000 After Fall Down Stairs 
Palm Beach Billionaires Feud Over Who’s Really Protecting the Everglades 
