Utah Gov. Gary Herbert has signed a bill that creates new statewide regulations for ridesharing companies like Uber and Lyft while overriding Salt Lake City regulations that have left the company’s drivers with big fines.
Herbert’s office announced Tuesday evening that the governor signed the proposal.
The law would require drivers to be covered with at least $1 million in liability insurance. The companies would be allowed to do their own background checks and vehicle inspections.
If the companies fail to comply, they can face a fine of up to $500 for each violation.
Representatives for Uber and Lyft have said they support the state proposal.
They opposed regulations passed by Salt Lake City last year, arguing they required additional checks that were redundant and burdensome regulations.
Topics Legislation
Was this article valuable?
Here are more articles you may enjoy.
Iowa Couple Pleads Guilty to Insurance Fraud 
Ford Hit With Near-Record $165 Million Penalty on Recall Failure 
Safeco to Take Personal Lines Renewal Business of Main Street America 
Florida’s Citizens Suspends Binding on Policies as Another Storm Churns in the Gulf 
