RI S2092

Imposes a $0.75 surcharge on every fare charged by rideshare and transportation network companies (such as Uber and Lyft) that provide on-demand, app-based transportation services

Allocates 50% of surcharge revenue to street infrastructure improvements in the municipality where the ride originated

Directs the remaining 50% of surcharge revenue to fund implementation of Transit Forward RI, the state's public transit master plan adopted by the state planning council

Creates a separate restricted receipt account funded by sales tax collected from transportation network companies, dedicated to benefit the Rhode Island Public Transit Authority (RIPTA)

Takes effect upon passage, with the tax administrator responsible for promulgating implementing rules and regulations