Uber and Lyft Now Regulated Under New State Law Transportation Network Company Act will help ensure public safety and continued business growth
Uber, Lyft and other rideshare businesses defined as transportation network companies (TNC), will now be state regulated the same as limousine and taxicab carriers according to the Limousine, Taxicab, and Transportation Network Company Act (PA 345), effective today. The authority to regulate these ride services is under LARA’s Corporations, Securities and Commercial Licensing Bureau (CSCL).
“As transportation options continue to increase, we look forward to helping ensure the safety of all Michiganders who look for convenient and affordable ways to get around,” said CSCL Director Julia Dale. “By vetting prospective companies, we’re also helping protect those who want to earn extra income by providing rides.”