The Senate gave final approval Wednesday to new regulations on rideshare companies and the people who drive for them.
HB 2135 is designed to provide a legal framework for companies like Uber and Lyft. Their business model is to allow individuals who need rides to make requests online, with those companies forwarding the requests to individuals who use their own vehicles.
Payment is made online, with the drivers getting a share.
This legislation mandates at least $250,000 of liability coverage whenever a passenger is in a vehicle. But there are lower requirement for times when the driver is simply waiting for a fare.
