The 36th state to pass statewide ride share regulations: New Jersey
The statewide ride share regulations in New Jersey:
- insurance coverage standards of $1.5 million in commercial insurance per ride
- mandatory background checks by the ride share company with disclosures and approval by to the state attorney general
- To balance the needs of the limoisine industry it cut insurance requirements when no passanger is present and expempting rides from the sales tax
- $25,000 permit fee for companies
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