Overview
- The Ministerial Committee for Legislation approved the Shared Transportation Law to enable platforms such as Uber and Lyft under a regulated model.
- The framework mandates driver screening, mandatory insurance, vehicle inspections and operational oversight for technology-based operators.
- The proposal builds in support and compensation mechanisms for licensed taxi drivers, even as taxi unions oppose opening the market.
- Lawmakers are expected to bring the bill to a preliminary Knesset vote as early as next week, according to local reporting.
- Transportation Minister Miri Regev said the reform would boost supply and cut costs for riders, and Uber shares rose modestly after the announcement.