SUMMARY OF BILL
REPORTED FROM COMMITTEE
The bill would amend the Limousine, Taxicab, and Transportation Network Company Act to extend the sunset on the application and per-vehicle fees paid by a limousine carrier, taxicab carrier, or transportation network company. These fees are due to sunset on March 21, 2020; after that date, the fees would be eliminated. The bill would delay this sunset and maintain the current fee structure until March 21, 2023.
The bill would have a positive fiscal impact on the Department of Licensing and Regulatory Affairs and no fiscal impact on local units of government. The extension of the current fees would preserve about $300,000 in annual fee revenue. Fee revenue is deposited into the Licensing and Regulation Fund and is used by the Department to enforce and administer the Act.
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.