Virginia HB1003 sets minimum compensation rates for transportation network companies and allows TNC partners to accept gratuities.
Virginia HB1003 mandates that transportation network companies establish a rate card for all TNC partners, setting minimum compensation rates in a per mile, per minute format. The bill specifies minimum compensation rates and allows TNC partners to accept gratuities. If a company bans or deactivates a TNC partner, it must deposit any remaining funds within days. The Department of Motor Vehicles will adjust these rates annually based on the Consumer Price Index.
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