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 Sharing Economy Mexico
Was this article valuable?
Here are more articles you may enjoy.
With Earnings Up and Rates Dropping, Big National Execs Celebrate Florida Reforms
Five Reasons Why the US Escaped a Hurricane Landfall So Far This Year
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth
Parkland Shooting Wasn’t Multiple Incidents With Multiple Deductibles, Court Says 

