New York City Council Header
File #: Int 1070-2018    Version: * Name: Leasing, rental and conditional purchase of for-hire vehicles.
Type: Introduction Status: Laid Over in Committee
Committee: Committee on For-Hire Vehicles
On agenda: 8/8/2018
Enactment date: Law number:
Title: A Local Law to amend the administrative code of the city of New York, in relation to leasing, rental and conditional purchase of for-hire vehicles
Sponsors: Francisco P. Moya, Ruben Diaz, Sr., Robert F. Holden, Deborah L. Rose
Council Member Sponsors: 4
Summary: This bill would require the Taxi and Limousine Commission to make rules regarding financial agreements drivers enter to obtain for-hire vehicles. Such rules could include disclosure requirements, consumer protection practices and caps on costs.
Indexes: Agency Rule-making Required
Attachments: 1. Summary of Int. No. 1070, 2. Int. No. 1070, 3. Committee Report 9/17/18, 4. Hearing Testimony 9/17/18, 5. Hearing Transcript 9/17/18

Int. No. 1070

 

By Council Members Moya, Diaz, Holden and Rose

 

A Local Law to amend the administrative code of the city of New York, in relation to leasing, rental and conditional purchase of for-hire vehicles

 

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 Leasing, rental and conditional purchase of for-hire vehicles. The commission shall promulgate rules regarding leasing, rental, lease-to-own, and conditional purchase arrangements to obtain a for-hire vehicle for use with a license issued by the commission. In promulgating such rules, the commission shall at a minimum consider disclosure requirements, consumer protection practices and caps on the amounts payable pursuant to such arrangements, including but not limited to limits on deposits and other charges required as part of such arrangements, such as those set forth in section 58-21 of title 35 of the rules of the city of New York.

§ 2. This local law takes effect 180 days after it becomes law, except that the commission shall take such measures as are necessary for the implementation of this local law, including the promulgation of rules, before such date.

 

 

 

 

 

 

NB

LS 6714, 6735

8/2/18