The new rates will go into effect on January 1st, 2025, if the bill becomes law, and will guarantee drivers at least $1.28 per mile and 31 cents per minute.
The new rates devised by Minnesota lawmakers preempt the ordinance passed by Minneapolis officials, establishing a minimum rate across the state and introducing benefits for drivers.
Lyft spokesperson CJ Macklin said in an emailed statement to The Verge: 'Through direct engagement with all stakeholders, we have found enough common ground to balance a new pay increase for drivers with what riders can afford to pay and preserve the service.'
Uber spokesperson Josh Gold tells StarTribune that the company will continue providing services in the state despite acknowledging that 'the coming price increases may hurt riders and drivers alike.'
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