Cal. Public Utilities Code § 5440 : California Public Utilities Code — Regulation Of Related Businesses By The Public Utilities Commission — Charter-Party Carriers Of Passengers — Transportation Network Companies — Legislative oversight of commission regulation of services Date: 14 Sep 2016 TEXT PDF Current through the 2016 Legislative Session The Legislature makes the following findings: (a) The commission has initiated regulation of transportation network companies as a new category of charter-party carriers and continues to develop appropriate regulations for this new service. (b) Given the rapidly evolving transportation network company service, it is the intent of the Legislature to continue ongoing oversight of the commission's regulation of these services in order to enact legislation to adjust commission authority and impose specific requirements or prohibitions as deemed necessary as these services evolve. Ca. Pub. Util. Code § 5440 Added by Stats 2014 ch 389 (AB 2293),s 1, eff. 1/1/2015.