A7897-2011 Actions

• Jan 4, 2012: referred to cities
• May 20, 2011: referred to cities

A7897-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                         7897
 2011-2012 Regular Sessions
 I N  ASSEMBLY
 May 20, 2011
 
 Introduced  by M. of A. HEASTIE, PERRY, CAMARA -- read once and referred
 to the Committee on Cities
 

AN ACT authorizing the public sale of taxicab licenses in  the  city  of
 New York
 

THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section 1. The city of New York may, by local law, authorize  the  New
 York city taxi and limousine commission or its successor agency to issue
 one  thousand five hundred additional taxicab licenses, provided, howev
 er, that such licenses shall be subject to such terms and conditions  as
 may  be  prescribed  by  such  local law, and provided further that such
 licenses shall be issued by public sale.
 

S 2. The city of New York may, by local law, authorize such  taxi  and
 limousine  commission, as part of such public sale, to issue a specified
 number of restricted taxicab  licenses  together  with  each  additional
 taxicab  license authorized by section one of this act, provided, howev
 er, that taxicabs operated pursuant to such restricted taxicab  licenses
 shall  be  permitted  to  accept  passengers only in areas designated by
 local law as areas that are underserved by taxicab service, and provided
 further that such restricted taxicab licenses shall be subject  to  such
 other terms and conditions as may be prescribed by such local law.
 

S  3. The licenses issued pursuant to sections one and two of this act
 shall be transferable subject to limits prescribed by  such  local  law.
 Such  local  law  shall also provide that such public sale of such addi
 tional licenses shall be done by public auction, sealed  bids  or  other
 competitive  process,  as provided by regulation of such taxi and limou
 sine commission. Such taxi and limousine  commission  is  authorized  to
 sell  by  public  auction,  sealed bids or other competitive process, as
 provided by regulation  of  such  taxi  and  limousine  commission,  any
 license  which  it repossesses as a result of a default by the purchaser
 under the terms of any purchase financing offered by  the  city  of  New
 York.
 

S 4. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD11731-01-1

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