[R3] Rideshare Rodeo Roundtable (episode 362)

The Colorado Rideshare Driver Transparency law, enacted in 2022, aimed to improve transparency and accountability in the ridesharing industry. The law mandated rideshare companies like Uber and Lyft to provide detailed information to drivers about their earnings, including any deductions and fees. Additionally, it required these companies to disclose the algorithms used to determine drivers' pay and any factors affecting it. This legislation was seen as a step towards ensuring fairness and equity for rideshare drivers, who often faced issues related to unclear payment structures and opaque algorithms governing their work.

Fast Forward to June 2024, this was signed into Colorado Law. Complete pay transparency to both drivers and customers, so all parties see what the rideshare companies paid the driver and what they kept. Mechanism in place to fairly fight wrongful deactivations. Also, drivers will see pick up and drop off locations and complete pay transparency before accepting the ride. 

Unlike in 2022, this time the bill was split into two bills. One for rideshare and one for delivery. SB24-075 "Transportation Network Company Transparency Bill" is for rideshare (Uber and Lyft). HB24-1129 "Protections for Delivery Network Company Drivers Bill" is the delivery-driver side.