Saturday, July 5, 2008
The General Assembly is now in session.
Tracking Virginia’s General Assembly
since 2007.
SB1000: Taxicab service by localities; financial data collected used only for consideration of rates, etc.
Be it enacted by the General Assembly of Virginia:
1. That § 46.2-2062 of the Code of Virginia is amended and reenacted as follows:
§ 46.2-2062. Regulation of taxicab service by localities; rates and charges.
A. The governing body of any county, city or town in the Commonwealth may by ordinance regulate the rates or charges of any motor vehicles used for the transportation of passengers for a consideration on any highway, street, road, lane or alley in such county, city or town, and may prescribe such reasonable regulations as to filing of schedules of rates, charges and the general operation of such vehicles; provided that, notwithstanding anything contained in this chapter to the contrary, such ordinances and regulations shall not prescribe the wages or compensation to be paid to any driver or lessor of any such motor vehicle by the owner or lessee thereof.
B. In considering rates or charges pursuant to this
section, or financial responsibility as provided by this
chapter, the governing body may require any the owner or operator to submit such supporting financial data as
may be necessary, including federal or state income tax returns for the two
years preceding;,
provided that such income tax returns submitted shall be used
only for consideration of such rates or charges and shall be kept confidential
by the governing body concerned; and provided further that the
governing body shall not require any owner or operator to submit any audit more
extensive than that conducted by such owner or operator in the normal course of
business. Such financial data shall be used only for
consideration of rates or charges, or to determine financial responsibility,
and shall be kept confidential by the governing body to which it has been
submitted. Nothing in this subsection shall make confidential any certificate
of insurance, bond, letter of credit, or
other certification that the owner or operator has met the requirements of this
chapter or of any local ordinance with regard to financial responsibility.
Additional Data
Explanation
This is the actual text of the bill — the legislation itself. Generally this is amending existing law, proposing the addition or removal of words from laws that are already on the books.
Words that are highlighted in yellow are
proposed additions, and words that are crossed out in
red are proposed removals.
The numbers with the § symbol before them are references to existing laws, and if you click on them they’ll take you to that part of the law on the state's website.