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This bill would require the Taxi and Limousine Commission (TLC) or another agency or office designated by the mayor to study the problem of medallion owner debt. Following the study, TLC or another agency or office would be required to determine appropriate actions to address such problem.

  • 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. 1069-A

 

By Council Members Levine, Torres, Lander, Levin, Gjonaj, Diaz, Holden, Yeger, Kallos, Adams, Cohen and Constantinides

 

A Local Law in relation to debt owed by owners of medallions

 

Be it enacted by the Council as follows:

 

Section 1. Medallion owner debt review. a. The taxi and limousine commission or another agency or office designated by the mayor shall request and collect information from owners of medallions relating to the amount of debt owed by such owners. No later than December 1, 2019, the commission or another agency or office designated by the mayor shall issue a report to the council and the mayor detailing the information it has compiled relating to debt owed by owners of medallions.

b. Following submission of the report as required by subdivision a of section 1 of this local law, the commission shall review and consider the information it has compiled, if any, relating to debt owed by owners of medallions. The commission or an agency or office designated by the mayor shall consider actions to assist owners of medallions who owe debt relating to such medallions that may include, but not be limited to, the following:

1. Providing technical assistance to medallion owners;

2. Identifying organizations that may offer assistance, including financial assistance, to medallion owners; and

3. Setting limits on the terms or amount of medallion financing.

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 This local law takes effect immediately and is deemed repealed 1 year after the submission of the report required by subdivision a of section 1 of this local law.

 

NB/JJD

LS ---6866, 7258, 7367, 7394, 7396, 7459, 7883

11/20/18 4:40pm