New York City Council     Members

This bill would change the tax on the transfer of a taxicab license from 5% of the consideration given for such transfer to 0.5% of the consideration given for such transfer.

  • Enacted

History

City Council
Recved from Mayor by Council
Mayor
Signed Into Law by Mayor
Mayor
Hearing Held by Mayor
City Council
Sent to Mayor by Council
City Council
Pass
Approved by Council
Committee on Transportation
Hearing Held by Committee
Committee on Transportation
Amendment Proposed by Comm
Committee on Transportation
Amended by Committee
Committee on Transportation
Pass
Approved by Committee
Committee on Transportation
Hearing Held by Committee
Committee on Transportation
Laid Over by Committee
City Council
Referred to Comm by Council
City Council
Introduced by Council

Int. No. 1474-A

 

By Council Member Rodriguez, Constantinides, Vacca  and Dromm

 

A Local Law to amend the administrative code of the city of New York, in relation to taxicab licenses.

 

Be it enacted by the Council as follows:

 

Section 1.  Subdivision a of section 11-1402 of the administrative code of the city of New York is amended to read as follows:

a. [On and after July first, nineteen hundred eighty] On or after the effective date of the local law that amended this subdivision, there is hereby imposed and there shall be paid a tax on each transfer of a taxicab license or interest therein, at the rate of [five percent] 0.5 percent of the consideration given for such transfer.

§ 2. This local law takes effect immediately.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NKA

LS 7075

3/6/2017