Barcelona Cabs Strike Against Uber Taxi App
  • Barcelona Cabs Strike Against Uber Taxi App
  • BARCELONA, SPAIN - JULY 01: In this photo illustration, the app 'Uber' is launched in a smart phone on July 1, 2014 in Barcelona, Spain. Taxi drivers in main cities strike over unlicensed car-halling services. Drivers say that is a lack of regulation behind the new app. (Photo Illustration by David Ramos/Getty Images)
  • Image Credit: David Ramos via Getty Images
Mideast Egypt Uber
  • Mideast Egypt Uber
  • Anthony Khoury, head of Middle East and Africa expansions for Uber, displays the application on a mobile phone during an event to celebrate the official launch of the car-hailing service in Cairo, Egypt, Tuesday, Feb. 10, 2015. Cairo soft launched the company in Nov. 2014. Uber is now in over 270 cities in 55 countries, according to the company. (AP Photo/Mosa'ab Elshamy)
  • Image Credit: ASSOCIATED PRESS
Uber Lyft Employees or Contractors
  • Uber Lyft Employees or Contractors
  • In this photo taken Tuesday, Dec. 16, 2014, a man leaves the headquarters of Uber in San Francisco. (AP Photo/Eric Risberg)
  • Image Credit: ASSOCIATED PRESS
Uber Surge
  • Uber Surge
  • This Friday, Nov. 21, 2014, photo taken in Newark, N.J., shows smartphones displaying Uber car availability in New York. Uber is offering car service in 250 cities in 50 countries now, up from 60 cities in 21 countries just a year ago. Uber hasn’t released its financial figures to the public, so valuing the company is pure guesswork. (AP Photo/Julio Cortez)
  • Image Credit: ASSOCIATED PRESS
Uber Launch-Nevada
  • Uber Launch-Nevada
  • Uber West Coast Regional Manager William Barnes sits in the back of a car during a photo shoot Friday, Oct. 24, 2014, in Las Vegas. The ride sharing company has begun operations in Nevada. (AP Photo/John Locher)
  • Image Credit: ASSOCIATED PRESS
India Uber Asia
  • India Uber Asia
  • In this April 3, 2014 photo, a smartphone is mounted on the glass of an Uber car in Mumbai, India. Riding on its startup success and flush with fresh capital, taxi-hailing smartphone app Uber is making a big push into Asia. The company has in the last year started operating in 18 cities in Asia and the South Pacific including Seoul, Shanghai, Bangkok, Hong Kong and five Indian cities. (AP Photo/Rafiq Maqbool)
  • Image Credit: ASSOCIATED PRESS
INDIA-CRIME-RAPE-TRANSPORT-UBER
  • INDIA-CRIME-RAPE-TRANSPORT-UBER
  • The Uber smartphone app, used to book taxis using its service, is pictured over a parking lot as auto-rickshaws (background) ply a road in the Indian capital New Delhi on December 7, 2014. An Uber taxi driver allegedly raped a 25-year-old passenger in the Indian capital before threatening to kill her, police said December 7, in a blow to the company's safety-conscious image. AFP PHOTO/TENGKU BAHAR (Photo credit should read TENGKU BAHAR/AFP/Getty Images)
  • Image Credit: TENGKU BAHAR via Getty Images
Grand Tasting Presented By ShopRite Featuring KitchenAid® Culinary Demonstrations Presented By MasterCard - Food Network New York City Wine & Food Festival Presented By FOOD & WINE
  • Grand Tasting Presented By ShopRite Featuring KitchenAid® Culinary Demonstrations Presented By MasterCard - Food Network New York City Wine & Food Festival Presented By FOOD & WINE
  • NEW YORK, NY - OCTOBER 18: A general view of atmosphere at the Uber Technologies station at the Grand Tasting presented by ShopRite featuring KitchenAid® culinary demonstrations presented by MasterCard during the Food Network New York City Wine & Food Festival Presented By FOOD & WINE at Pier 94 on October 18, 2014 in New York City. (Photo by Bryan Bedder/Getty Images for NYCWFF)
  • Image Credit: Bryan Bedder via Getty Images
Uber Taxi App In Madrid
  • Uber Taxi App In Madrid
  • MADRID, SPAIN - OCTOBER 14: In this photo illustration the new smart phone taxi app 'Uber' shows how to select a pick up location at Atocha Station on October 14, 2014 in Madrid, Spain. 'Uber' application started to operate in Madrid last September despite Taxi drivers claim it is an illegal activity and its drivers currently operate without a license. 'Uber' is an American based company which is quickly expanding to some of the main cities from around the world. (Photo by Pablo Blazquez Dominguez/Getty Images)
  • Image Credit: Pablo Blazquez Dominguez via Getty Images
Uber Taxi App In Madrid
  • Uber Taxi App In Madrid
  • MADRID, SPAIN - OCTOBER 14: In this photo illustration the new smart phone taxi app 'Uber' shows how to select a pick up location at Puerta de Alcala Square on October 14, 2014 in Madrid, Spain. 'Uber' application started to operate in Madrid last September despite Taxi drivers claim it is an illegal activity and its drivers currently operate without a license. 'Uber' is an American based company which is quickly expanding to some of the main cities from around the world. (Photo by Pablo Blazquez Dominguez/Getty Images)
  • Image Credit: Pablo Blazquez Dominguez via Getty Images
Uber Taxi App In Madrid
  • Uber Taxi App In Madrid
  • MADRID, SPAIN - OCTOBER 14: In this Photo Illustration a smart phone displays a picture with the logo of the news taxi app 'Uber' as people walk past on October 14, 2014 in Madrid, Spain. 'Uber' application started to operate in Madrid last September despite Taxi drivers claim it is an illegal activity and its drivers currently operate without a license. 'Uber' is an American based company which is quickly expanding to some of the main cities from around the world. (Photo Illustration by Pablo Blazquez Dominguez/Getty Images)
  • Image Credit: Pablo Blazquez Dominguez via Getty Images
Uber Taxi App In Madrid
  • Uber Taxi App In Madrid
  • MADRID, SPAIN - OCTOBER 14: In this photo illustration the new smart phone taxi app 'Uber' shows how to select a pick up location at Atocha Station on October 14, 2014 in Madrid, Spain. 'Uber' application started to operate in Madrid last September despite Taxi drivers claim it is an illegal activity and its drivers currently operate without a license. 'Uber' is an American based company which is quickly expanding to some of the main cities from around the world. (Photo by Pablo Blazquez Dominguez/Getty Images)
  • Image Credit: Pablo Blazquez Dominguez via Getty Images
Uber Taxi App In Madrid
  • Uber Taxi App In Madrid
  • MADRID, SPAIN - OCTOBER 14: In this Photo Illustration a smart phone displays a picture with the logo of the news taxi app 'Uber' outside Plaza de Toros Las Ventas on October 14, 2014 in Madrid, Spain. 'Uber' application started to operate in Madrid last September despite Taxi drivers claim it is an illegal activity and its drivers currently operate without a license. 'Uber' is an American based company which is quickly expanding to some of the main cities from around the world. (Photo Illustration by Pablo Blazquez Dominguez/Getty Images)
  • Image Credit: Pablo Blazquez Dominguez via Getty Images
Uber Taxi App In Madrid
  • Uber Taxi App In Madrid
  • MADRID, SPAIN - OCTOBER 14: In this photo illustration the new smart phone taxi app 'Uber' shows how to select a pick up location next to a taxi lane on October 14, 2014 in Madrid, Spain. 'Uber' application started to operate in Madrid last September despite Taxi drivers claim it is an illegal activity and its drivers currently operate without a license. 'Uber' is an American based company which is quickly expanding to some of the main cities from around the world. (Photo by Pablo Blazquez Dominguez/Getty Images)
  • Image Credit: Pablo Blazquez Dominguez via Getty Images
German Court Bans Uber Service Nationwide
  • German Court Bans Uber Service Nationwide
  • BERLIN, GERMANY - SEPTEMBER 02: In this photo illustration, a woman uses the Uber app on an Samsung smartphone on September 2, 2014 in Berlin, Germany. Uber, an app that allows passenger to buy rides from drivers who do not have taxi permits, has had its UberPop freelance driver service banned in Germany after a complaint by Taxi Deutschland, a trade association of taxi drivers in the country. The company, which operates in 42 countries over 200 cities worldwide, plans to both appeal the decision made by a court in Frankfurt as well as, at the risk of heavy fines, continue its services in Germany until a final decision has been made on the matter. (Photo by Adam Berry/Getty Images)
  • Image Credit: Adam Berry via Getty Images
State lawmakers have struck a deal on a contentious proposal to regulate Uber and other ridehailing companies in Nevada, saying their new bill will raise $90 million to $100 million every two years to relieve a state budget deficit. Senators agreed Thursday to amend AB175, a bill that changes rules about taxicab crash lawsuits, and add language that would regulate "transportation network companies." The companies allow people to hail a ride from independent drivers using a smartphone.

"It's an example of compromise," said Sen. Aaron Ford, the Democratic minority leader. "No one's going to be fully satisfied." The bill is a major breakthrough that comes about a month after the original bill - dubbed the most-lobbied of the session - died in a Senate vote after Democrats opposed it.

The new language removes a proposed 25-cent-per-ride surcharge in the original bill, SB439. It instead places a three-percent tax on the total fare for rides hailed through a cab company or a transportation network company. The first $5 million earned through those fees would go to the state Highway Fund for road construction projects. The rest would go to the general fund.

Representatives from the taxi industry were unhappy with the agreement. Kimberly Maxson-Rushton, executive director of the Livery Operators Association of Las Vegas, called the compromise "a thinly veiled attempt to trade critical public safety for the promise of millions of dollars in return."

Lawmakers learned this week that state tax streams are expected to yield about $150 million less than what's needed to fully fund Gov. Brian Sandoval's $7.4 billion, two-year budget. An amendment proposed Tuesday on a separate bill would raise the cigarette tax even further, but is expected to still fall short of the budget's needs.

Fresh revenue through the ride-hailing bill could help raise an extra $19 million toward a medical school at the University of Nevada, Las Vegas. Sandoval's budget set aside only a portion of the money requested by college officials.

"We are not leaving the session until we fund the UNLV medical school," said Republican Senate Majority Leader Michael Roberson. "The revenue from this bill will certainly help us do that."

The bill also addresses other concerns about companies like Uber and Lyft, according to Republican Sen. James Settelmeyer. It requires disclosures about insurance coverage and calls for an independent study to determine whether the kinds of background checks required by the ride-hailing companies are sufficient.

The AP contributed to this report.

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