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Bill > SB550
VA SB550
VA SB550Transportation network companies; publishing and disclosure requirements, delayed effective date.
summary
Introduced
01/14/2026
01/14/2026
In Committee
02/10/2026
02/10/2026
Crossed Over
02/04/2026
02/04/2026
Passed
Dead
Introduced Session
Potential new amendment
2026 Regular Regular Session
Bill Summary
Transportation network companies; publishing and disclosure requirements. Requires a transportation network company (TNC) to (i) issue a confidential annual report to the Commissioner of the Department of Motor Vehicles containing the aggregate data regarding the average fare collected from passengers, the total time driven by TNC partners while transporting a passenger, and the total amount earned by TNC partners in connection with prearranged rides; (ii) disclose to TNC partners information about the deactivation process; (iii) provide a weekly summary that includes the total fare collected from passengers, the total amount earned, and the percentage earned by such TNC partner that week; and (iv) provide an itemized receipt within 24 hours of the completion of each ride. The bill has a delayed effective date of January 1, 2027.
AI Summary
This bill mandates new reporting and disclosure requirements for transportation network companies (TNCs), which are companies like Uber and Lyft that connect passengers with drivers through digital platforms. Starting January 1, 2027, TNCs must submit an annual report to the Commissioner of the Department of Motor Vehicles detailing aggregate data on average passenger fares, total time drivers spent transporting passengers, and total earnings by drivers for prearranged rides. Additionally, TNCs must clearly inform their drivers, referred to as TNC partners, about the process for deactivation, which means permanently removing a driver's access to the platform, including outlining what actions can lead to deactivation and the appeals process. Drivers will also receive a weekly summary showing the total fare collected from passengers, their total earnings, and the percentage of that earning they received for that week. Finally, upon completion of each ride, drivers will be provided with an itemized receipt detailing the passenger's total payment, all fees, the driver's portion of the fare, and any tip.
Committee Categories
Transportation and Infrastructure
Sponsors (3)
Last Action
House Transportation Hearing (09:00:00 2/24/2026 House Committee Room B - 205) (on 02/24/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://lis.virginia.gov/bill-details/20261/SB550 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB550) | https://lis.blob.core.windows.net/files/1128059.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/SB550/text/SB550ES1 |
| Senator Srinivasan Amendment | https://lis.virginia.gov/bill-details/20261/SB550/text/SB550AS1 |
| Fiscal Note/Analysis - Fiscal Impact Statement from Department of Planning and Budget (SB550) | https://lis.blob.core.windows.net/files/1124033.PDF |
| BillText | https://lis.virginia.gov/bill-details/20261/SB550/text/SB550S1 |
| BillText | https://lis.virginia.gov/bill-details/20261/SB550/text/SB550SC1 |
| BillText | https://lis.virginia.gov/bill-details/20261/SB550/text/SB550 |
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