A key New Mexico House panel has approved a bill aimed at welcoming and regulating ridesharing companies like Uber and Lyft.
The House Judiciary Committee passed the proposal unanimously Thursday.
Rep. Monica Youngblood, an Albuquerque Republican, sponsored the bill to allow the companies to operate legally in New Mexico.
The legal status of the companies has been in limbo in the state since they began offering services in 2014. The companies say the state’s Motor Carrier Act doesn’t apply to them because they don’t operate as commercial taxi businesses.
Uber and Lyft offer an online service that allows people with cars to connect with people seeking rides.
Traditional taxi companies say ride-booking services still need to be regulated.
Related:
- Uber, Cab Companies Go to Battle Against New Mexico Regulations
- Lyft Says Plans to Pull out of New Mexico over Rules
Topics Mexico New Mexico
Was this article valuable?
Here are more articles you may enjoy.
California Sees Two More Property Insurers Withdraw From Market 
Supreme Court Makes It Easier to Sue for Job Discrimination 
Wildfires Are Upending Some of the Safest Bets on Wall Street 
JPMorgan Client Who Lost $50 Million Fortune Faces Court Setback 
