Gov. Brian Sandoval has signed two bills to regulate ridesharing companies like Uber and Lyft in Nevada.
Sandoval gave final approval to AB175 and AB176 on Friday, the same day that cab drivers in Las Vegas staged a protest against the companies.
AB175 sets up a regulatory framework for ride-hailing companies and imposes a 3 percent tax on taxi and Uber rides that’s expected to raise $70 million over two years. AB176 places ride-hailing companies under the jurisdiction of the Nevada Transportation Authority.
Sen. Kelvin Atkinson has said the companies want to begin operations in Nevada in July, although Uber isn’t committing to a specific launch date.
Uber briefly operated in Nevada last fall before a judge issued a restraining order against the company, saying it wasn’t following taxicab regulations.
Topics Sharing Economy Ridesharing
Was this article valuable?
Here are more articles you may enjoy.
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing
What Happens to Property Pricing in ’27, Insurance, Reinsurance Execs Ask
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO
Construction Firm Owner Charged With Workers’ Compensation Fraud 

