Ridesharing companies such as Uber and Lyft could face changes to the way their drivers are regulated in Nevada if legislation discussed by a Senate committee passes.

Senate Bill 226 was sponsored by Kelvin Atkinson, D-North Las Vegas, and would require drivers to possess a valid state business license.

The measure would also require ridesharing companies to submit quarterly reports, listing the number of drivers they have to the Nevada Transportation Authority.

According to a report presented to an Assembly committee earlier this session, there are about 57,000 transportation network drivers in Nevada. With a state business license fee of $200 a year, Atkinson said the state is losing out on millions of dollars.