New York City Council Header
File #: Int 0225-2014    Version: Name: Citi bike financial reporting.
Type: Introduction Status: Enacted
Committee: Committee on Transportation
On agenda: 3/26/2014
Enactment date: 11/4/2015 Law number: 2015/100
Title: A Local Law to amend the administrative code of the city of New York, in relation to bike share financial reporting
Sponsors: Ydanis A. Rodriguez, Inez D. Barron, Daniel Dromm , Brad S. Lander, Mark Levine, Helen K. Rosenthal, Margaret S. Chin, Deborah L. Rose, James G. Van Bramer, Donovan J. Richards, Costa G. Constantinides, Mathieu Eugene, Ben Kallos, Eric A. Ulrich
Council Member Sponsors: 14
Summary: Under the bill, the Department of Transportation (DOT) would require Citi Bike to provide financial data, included revenues generated, information on deficits or profits, and the amount of revenue that was allocated to the DOT. Beginning January 1, 2016 and annually thereafter, DOT would report such information to the Council and post it on the Department’s website.
Attachments: 1. Summary of Int. No. 225-A, 2. Int. No. 225 - 3/26/14, 3. Committee Report 4/15/15, 4. Hearing Testimony 4/15/15, 5. Hearing Transcript 4/15/15, 6. Committee Report 10/27/15, 7. Hearing Transcript 10/27/15 (Part 1), 8. Hearing Transcript 10/27/15 (Part 2), 9. Committee Report - Stated Meeting, 10. October 29, 2015 - Stated Meeting Agenda with Links to Files, 11. Int. No. 225-A - FINAL, 12. Hearing Transcript of the Stated Meeting - October 29, 2015, 13. Fiscal Impact Statement, 14. Mayor's Letter, 15. Minutes of the Stated Meeting - October 29, 2015, 16. Local Law 100
Date Ver.Prime SponsorAction ByActionResultAction DetailsMeeting DetailsMultimedia
11/4/2015AYdanis A. Rodriguez City Council Recved from Mayor by Council  Action details Meeting details Not available
11/4/2015AYdanis A. Rodriguez Mayor Signed Into Law by Mayor  Action details Meeting details Not available
11/4/2015AYdanis A. Rodriguez Mayor Hearing Held by Mayor  Action details Meeting details Not available
10/29/2015AYdanis A. Rodriguez City Council Sent to Mayor by Council  Action details Meeting details Not available
10/29/2015AYdanis A. Rodriguez City Council Approved by CouncilPass Action details Meeting details Not available
10/27/2015*Ydanis A. Rodriguez Committee on Transportation Hearing Held by Committee  Action details Meeting details Not available
10/27/2015*Ydanis A. Rodriguez Committee on Transportation Amendment Proposed by Comm  Action details Meeting details Not available
10/27/2015*Ydanis A. Rodriguez Committee on Transportation Amended by Committee  Action details Meeting details Not available
10/27/2015AYdanis A. Rodriguez Committee on Transportation Approved by CommitteePass Action details Meeting details Not available
4/15/2015*Ydanis A. Rodriguez Committee on Transportation Hearing Held by Committee  Action details Meeting details Not available
4/15/2015*Ydanis A. Rodriguez Committee on Transportation Laid Over by Committee  Action details Meeting details Not available
3/26/2014*Ydanis A. Rodriguez City Council Referred to Comm by Council  Action details Meeting details Not available
3/26/2014*Ydanis A. Rodriguez City Council Introduced by Council  Action details Meeting details Not available

Int. No. 225-A

 

By Council Members Rodriguez, Barron, Dromm, Lander, Levine, Rosenthal, Chin, Rose, Van Bramer, Richards, Constantinides, Eugene, Kallos and Ulrich

 

A Local Law to amend the administrative code of the city of New York, in relation to bike share financial reporting

 

Be it enacted by the Council as follows:

Section 1.  Subchapter 3 of chapter 1 of title 19 of the administrative code of the city of New York is amended by adding a new section 19-194 to read as follows:

§ 19-194  Bike share financial data reporting.  a. Definitions. For the purposes of this section, the following terms have the following meanings:

Bike share operator. The term “bike share operator” means the company operating the city of New York’s bike share program under a contract entered into through the department.

Bike share program. The term “bike share program” means the providing of public bicycles for shared use within the city of New York under a contract with an operator that permits payment for the use of such bicycles.

b. The department shall require financial data be provided under the contract agreement between the city of New York and the bike share operator regarding the bike share program. This data shall include, but not be limited to, revenues generated by the bike share program, whether the program had a deficit or a profit and the amount of such deficit or profit, and the amount of revenue that was allocated to the department and separately to the bike share operator.

c.  On or before January 1, 2016, and annually thereafter, the department shall provide a report to the council and post on its website the information compiled pursuant to subdivision b of this section for the prior calendar year.

§ 2.  This local law takes effect immediately.

GZ/LF/KET 6/19/15 5:05PM

LS 943/2014