Minnesota Lawmakers Approve 20% Pay Raise for Uber and Lyft Drivers in Statewide Rideshare Deal

May 20, 2024, 03:16 PM

Minnesota lawmakers have reached an agreement to raise the pay rates for Uber and Lyft drivers, ensuring the rideshare companies will continue operating in the state. The deal, announced by Governor Tim Walz and Democratic lawmakers, came after Uber and Lyft threatened to exit Minnesota due to a Minneapolis ordinance that would have required higher pay. The new legislation, which passed the state Legislature, sets a new minimum wage for drivers, resulting in a 20% pay increase. This compromise preempts the Minneapolis measure and is considered the strongest labor protection for rideshare drivers in the nation. The legislation received approval in the Legislature and is part of a broader statewide rideshare policy.