New York City Council Header
File #: Int 1740-2017    Version: * Name: Issuance of nontransferable taxicab licenses.
Type: Introduction Status: Filed (End of Session)
Committee: Committee on Transportation
On agenda: 10/17/2017
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to the issuance of nontransferable taxicab licenses
Sponsors: Ydanis A. Rodriguez, Costa G. Constantinides, Andrew Cohen, Karen Koslowitz, Alan N. Maisel, Corey D. Johnson, Laurie A. Cumbo, James Vacca, Rafael Salamanca, Jr., Chaim M. Deutsch
Council Member Sponsors: 10
Summary: The proposed local law would create a new nontransferable taxicab license to allow current taxicab owners to operate one additional vehicle under a single existing medallion license. Presumably, under this proposal, the medallion owners would have an additional stream of revenues, and thus, theoretically, make taxi medallions a more attractive investment.
Attachments: 1. Summary of Int. No. 1740, 2. Int. No. 1740, 3. October 17, 2017 - Stated Meeting Agenda with Links to Files, 4. Hearing Transcript - Stated Meeting 10-17-17
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
12/31/2017*Ydanis A. Rodriguez City Council Filed (End of Session)  Action details Meeting details Not available
10/17/2017*Ydanis A. Rodriguez City Council Referred to Comm by Council  Action details Meeting details Not available
10/17/2017*Ydanis A. Rodriguez City Council Introduced by Council  Action details Meeting details Not available

Int. No. 1740

By Council Members Rodriguez, Constantinides, Cohen, Koslowitz, Maisel, Johnson, Cumbo, Vacca, Salamanca and Deutsch

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

 

Be it enacted by the Council as follows:

Section 1. Chapter 5 of title 19 of the administrative code of the city of New York is

 amended by adding a new section 19-548 to read as follows:

§ 19-548 Nontransferable taxicab licenses. a. As used in this section, the term “nontransferable taxicab license” means a license issued by the commission to a holder of a current taxicab license to operate up to one additional vehicle, which shall be operated subject to all of the laws and regulations governing a licensed taxicab except as provided herein.

b. The commission shall issue, upon request, one nontransferable taxicab license to the holder of a valid taxicab license that is current at the time of the request.

c. Notwithstanding section 19-512, a nontransferable taxicab license issued pursuant to subdivision b of this section may not be transferred to a third party, except that title to the vehicle attached to the nontransferable taxicab license may be transferred by an owner or operator in conjunction with the transfer of a taxicab license issued by the commission.

                     § 2. This local law takes effect 120 days after it becomes law. The commissioner shall take all measures necessary for the implementation of this local law, including the promulgation of rules, before such effective date.

 

LS# 11448

GZ

September 19, 2017 16:31