(HB2756)

GOVERNOR'S VETO

Pursuant to Article V, Section 6 of the Constitution of Virginia, I veto House Bill 2756, which imposes reporting and disclosure requirements on transportation network companies.

Mandating disclosures and reports places unnecessary regulatory burdens on private businesses. This bill would create new administrative burdens for both transportation network companies and the Department of Motor Vehicles, requiring additional agency staff and resources.

Furthermore, entangling the Department of Motor Vehicles with overseeing private business data is unwarranted and overreaching. Private businesses should not be forced to disclose data through government mandates but should do so voluntarily based on industry best practices.

Accordingly, I veto this bill.