Missouri House Bill 792 (HB 792) would create a statewide regulatory framework for transportation network companies (TNCs), otherwise known as peer-to-peer ridesharing networks. The most prominent TNCs nationally and in Missouri are Uber and Lyft. The proposed regulations stipulate that a TNC must obtain a license from the Missouri Department of Transportation (MoDOT) at a cost of no more than $20,000 annually. The regulations would require TNCs to have insurance coverage that includes primary auto-vehicle liability insurance, to perform background checks on prospective drivers, and to restrict drivers to digital network ride requests, among other requirements. Critically, the bill would prohibit additional regulation, oversight, or taxation by regional, municipal, or other local entities.
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