The law sets standards for insurance coverage, permitting and criminal background checks for the companies and their drivers. It is the result of months of sometimes strained negotiations between lawmakers and lobbyists.
“This legislation makes it easier for this innovative business model to conduct business in our state, creating earning opportunities for our residents and providing transportation services that are already in high demand,” Christie said in a signing statement.
Ride-hailing companies have been operating in New Jersey for years – Uber said it has logged millions of rides and signed up more than 13,000 drivers since launching in the state in 2013 – but until now, state regulations have lagged. A spokesman for Uber said New Jersey is the 36th state to enact a statewide ride-sharing law.
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