BOSTON– Senator Jamie Eldridge (D-Acton) issued the following statement on the Senate Committee on Ways and Means release of S.2371, An Act regulating transportation network companies:
“I am pleased that the Senate has recognized the importance of providing greater oversight on transportation network companies (TNC). Over the past session as the Senate Chair of the Joint Committee on Financial Services, I received ample input and feedback on the TNC bills at the hearing last fall.
Under the Senate model of shared leadership, a working group was formed to tackle this complicated issue, which included myself, Chairwoman Spilka, Senator Brownsberger, Senator Forry, and Senator Lesser. Over the past weeks, we met with stakeholders on this issue including TNCs, taxi owners, the livery industry, the Division of Insurance and background check experts. This final product balances public safety with our flourishing innovation culture in the Commonwealth by creating a strong framework for TNC regulation, instituting strict background check criteria for drivers, allowing TNCs room to grow and thrive in our economy.
I want to commend each member of this working group and our respective staffs for their thoughtful and comprehensive work on this legislation, especially Senate Committee on Ways and Means Chairwoman Karen Spilka and her staff. I’d also like to thank Governor Baker for starting the conversation by filing his TNC legislation as well as my Financial Services co-chair, Representative Aaron Michlewitz. Finally, I’d like to thank Senate President Stan Rosenberg for extending his model of shared leadership to this thoughtful and deliberative process. I look forward to debating this important legislation and fostering our balance of safety and innovation for drivers, passengers and our economy here in the Commonwealth.”