Virginia · 2026 Regular Session · Bill
SB 550: Transportation network companies; publishing and disclosure requirements, delayed effective date.
Passed both chambers Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
SB 550 is a bill introduced in the Virginia Senate on January 14, 2026. According to its official title, it concerns: Transportation network companies; publishing and disclosure requirements, delayed effective date. Primary sponsor: Kannan Srinivasan (Democratic). It lists 2 additional sponsors. Most recent recorded action (April 11, 2026): Governor's recommendation received by Senate.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Transportation network companies; publishing and disclosure requirements. Requires a transportation network company (TNC) to (i) issue a confidential annual report to the Commissioner of the Department of Motor Vehicles containing the aggregate data regarding the average fare collected from passengers, the total time driven by TNC partners while transporting a passenger, and the total amount earned by TNC partners in connection with prearranged rides; (ii) disclose to TNC partners information about the deactivation process; (iii) provide a weekly summary that includes the total fare collected from passengers, the total amount earned, and the percentage earned by such TNC partner that week; and (iv) provide an itemized receipt within 24 hours of the completion of each ride. The bill has a delayed effective date of January 1, 2027. This bill is identical to HB 1270.
Sponsors
Sponsors by party (alphabetical): Democratic 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Kannan Srinivasan | Primary sponsor | Democratic | Senate | 32 |
| Saddam Salim | Co-sponsor | Democratic | Senate | 37 |
| Irene Shin | Co-sponsor | Democratic | House | 8 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Governor's recommendation received by Senate
- Governor's Action Deadline 11:59 p.m., April 13, 2026
- Enrolled Bill communicated to Governor on March 10, 2026
- Fiscal Impact Statement from Department of Planning and Budget (SB550)
- Signed by President
- Signed by Speaker
- Bill text as passed Senate and House (SB550ER)
- Enrolled
- Passed House (96-Y 0-N 0-A)
- Read third time
- Read second time
- Reported from Transportation (21-Y 0-N)
Showing 12 most recent of 36 actions. Full history