Sharing Economy: Ride Share Fee to Offset Cab Costs.

What’s the ride share surcharge proposal? A ride share comapny would pay 2 cent surchage per ride, for a total of 52 cents per ride

What’s the 2 cents per ride then set to go to fund? It would offset municipal revenue losses for a lower taxi regislation

Why the shift? The 2 cent fee is a trade to allow ride share at airports in Chicago & allow the cost of chauffer and taxi cab license fees to be reduced at the municipal level

State or Municipal ride share legislation? Municipal proposal in Chicago.

What was the opposition plan? To make ride share drivers be licensed like chauffers with the same $500 license, drug testing & background checks

Other ride share regulations included in the package include:

• $500 to $40,000  fine to ride share companies if their drivers violate the airport pickup rules
• $500 to $1,000 for drivers that violate airport pickup rules
• per trip ride hailing fee of $5

Chicago Tribune | Uber would pay 2 cents a ride but get airport access under latest Emanuel plan