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The bill would establish a task force to study the sale prices of taxicab medallions. The task force would review sale prices of taxicab medallions and their impact on the City’s budget, then recommend changes to laws, rules, regulations, and policies related to medallions. The task force’s recommendations would be due to the Mayor and Council within six months.

  • Enacted

History

Administration
City Charter Rule Adopted
City Council
Sent to Mayor by Council
City Council
Pass
Approved by Council
Committee on For-Hire Vehicles
Hearing Held by Committee
Committee on For-Hire Vehicles
Amendment Proposed by Comm
Committee on For-Hire Vehicles
Amended by Committee
Committee on For-Hire Vehicles
Pass
Approved by Committee
Committee on For-Hire Vehicles
Hearing Held by Committee
Committee on For-Hire Vehicles
Laid Over by Committee
City Council
Referred to Comm by Council
City Council
Introduced by Council

Int. No. 304-A

 

By Council Members Rodriguez, Brannan, Gjonaj, Adams, Cohen, Holden and Levin

 

A Local Law to create a task force to study the sale prices of taxicab medallions

 

Be it enacted by the Council as follows:

Section 1. Taxicab medallion sale prices task force. a. There is hereby established a task force to study the sale prices of taxicab medallions. Such task force shall review the sale prices of taxicab medallions in the preceding 20 years, potential future sale prices of medallions and the impact of such sales on the city’s budget. Following such review, the task force shall recommend changes to laws, rules, regulations and policies with respect to such medallions.

b. The task force shall have 9 members who shall be:

1. the commissioner of the taxi and limousine commission, or a designee of such commissioner;

2. a taxicab medallion owner who is not a taxicab driver, as appointed by the speaker of the council;

3. a taxicab medallion owner who is a taxicab driver, as appointed by the speaker of the council;

4. an individual who represents an institution that lends money for the purpose of purchasing or financing taxicab medallions, as appointed by the speaker of the council;

5. the public advocate or a designee of such public advocate;

6. one member, as appointed by the mayor; and

7. three members, as appointed by the speaker of the council, one of whom shall be a member of the council who shall serve as chair.

 c. The members to be appointed by the mayor and the speaker of the council shall be appointed within 60 days of the effective date of this local law.

d. No later than 6 months following its establishment, the task force shall issue a report to the mayor and the council detailing its activities and recommendations. Immediately after submitting such report, the task force shall cease to exist.

§ 2.  This local law takes effect immediately and is deemed repealed upon the submission of the report required by subdivision d of section 1 of this local law. 

 

KET/MHL/JJD

LS 5091/Int. 963-2015

LS 817

11/5/18 6:00pm