New Jersey bill A3288 prohibits transportation network companies from using surge pricing during a state of emergency.
New Jersey bill A3288 amends existing law to prohibit transportation network companies from engaging in surge pricing during a state of emergency. Surge pricing is defined as charging a higher fare rate than usual during times of high demand. The bill specifies that any increase in the fare rate that exceeds two times the usual fare rate constitutes surge pricing. Violations of this provision are subject to penalties, with fines up to $10,000 for the first offense and up to $20,000 for subsequent offenses. The act takes effect immediately.
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