News

Texas Rolls Out New Statewide Ride-Sharing Changes

Lyft
Lyft

Gov. Greg Abbott on Monday signed a bill creating statewide regulations for ride-sharing companies such as Uber and Lyft, voiding heavily debated local rules set by cities. The law went into effect immediately. Uber and Lyft have announced plans to resume operations in Austin, where the two companies had previously withdrawn over a city ordinance that required drivers to get fingerprint background checks, a policy both have heavily resisted in other cities. Lyft will also move back into Houston, having left over Houston's similar laws.

The new law requires ride-sharing companies to have a permit from the Texas Department of Licensing and Regulation and pay an annual fee of $5K to operate throughout the state. Companies are also required to perform local, state and national criminal background checks on drivers annually.

The statewide regulations have put an end to the debate over ride-sharing in Austin, where voters rejected a local ballot proposition over the issue. In the months since, several alternatives have rushed to fill the void left by Uber and Lyft. Texas joins 41 other states that have adopted comprehensive statewide ride-sharing laws.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Houston Newsletters
Related Stories

JVP Development Is Betting $37M Of Its Own Money That Frisco Is Ready For Spec Office

The Wideman Co. Buys Downtown Tower From Brookfield: The Houston Deal Sheet

Forget Buildings, Retailers Are Leasing Environments

KKR-Affiliated Data Center Developer CyrusOne Names New CEO

Ryan Cos. Secures Permit For Austin's Sixth Street Redevelopment

Texas Developers Call Collaboration Key To Advancing Master-Planned Communities

Private Equity Firm Buys Former Texas Instruments Campus For New Headquarters

DFW Office Footprints Likely To Shrink As AI Use Increases And Companies Battle For Talent

Jerry Jones Sells Frisco Office Tower To Hobbs Brook: The DFW Deal Sheet

Down On The Corner: How Long-Term Thinking Can Help Developers Make The Most Of Every Square Foot

Williams Tower Acquired For $300M In Largest Single-Property Office Sale Since 2019

Law Firm Ups Downtown Footprint To 139K SF: The Houston Deal Sheet