Senate Bill 704 aims to enhance regulations surrounding vehicles for hire in Tennessee by introducing new offenses related to criminal impersonation of drivers for both transportation network companies and private passenger-for-hire vehicles. The bill establishes that impersonating a transportation network company driver or a passenger-for-hire vehicle driver through false statements or misleading displays is an offense. Specifically, it categorizes these impersonation violations as Class B misdemeanors, escalating to Class E felonies if committed during the commission of a separate felony offense.

Additionally, the bill defines a "passenger-for-hire vehicle" and clarifies that it does not include personal vehicles used in conjunction with transportation network companies. The legislation also stipulates that if a theft of a passenger-for-hire vehicle occurs, the owner of that vehicle is exempt from the provisions of this section. The act is set to take effect on July 1, 2025, and will apply to offenses committed on or after that date.