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Uber, Lyft Rides Could be Taxed in San Francisco

May 21, 2019, 6:52 PM

Uber and Lyft rides would cost up to 3.25% more under a proposed initiative introduced in San Francisco that would fund transit improvements.

A handshake agreement last July halted a transportation network company tax measure planned for the fall 2018 ballot. An Uber- and Lyft-backed bill enacted last year allows San Francisco to place on the ballot this year a 3.25% tax on riders, and 1.5% on pooled rides and rides in zero-emission vehicles, within the city.

  • Mayor London Breed (D) and Supervisor Aaron Peskin are co-sponsoring the proposed TNC tax initiative, which needs six supervisors’ support to get on the November ballot. The ballot measure, which would support transportation and infrastructure, would still need two-thirds voter approval.
  • “We all know congestion in San Francisco is terrible and everyone needs to be a part of the solution, including the TNC companies, users and the City,” Peskin, who chairs the San Francisco County Transportation Authority Board, said in a statement. “This requires strategic investment from all of us to prioritize solutions that get people out of their cars, onto public transportation and safely walking and biking.”
  • Uber Technologies Inc. and Lyft Inc. back the proposal. “Uber is pleased to reach an agreement that will bring dedicated transportation funding to San Francisco. We look forward to working with city leaders to ensure a successful campaign in 2019,” the company said in a statement.

To contact the reporter on this story: Joyce E. Cutler in San Francisco at jcutler@bloomberglaw.com

To contact the editors responsible for this story: Jeff Harrington at jharrington@bloombergtax.com; Megan Pannone at mpannone@bloombergtax.com

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