Bill Text: NY S05538 | 2011-2012 | General Assembly | Introduced

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Bill Title: Authorizes the public sale of taxicab licenses in the city of New York.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2012-01-04 - REFERRED TO CITIES [S05538 Detail]

Download: New_York-2011-S05538-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5538
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                     May 31, 2011
                                      ___________
       Introduced  by  Sen.  GOLDEN -- read twice and ordered printed, and when
         printed to be committed 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:
    1    Section 1. The city of New York may, by local law, authorize  the  New
    2  York city taxi and limousine commission or its successor agency to issue
    3  one  thousand five hundred additional taxicab licenses, provided, howev-
    4  er, that such licenses shall be subject to such terms and conditions  as
    5  may  be  prescribed  by  such  local law, and provided further that such
    6  licenses shall be issued by public sale.
    7    S 2. The city of New York may, by local law, authorize such  taxi  and
    8  limousine  commission, as part of such public sale, to issue a specified
    9  number of restricted taxicab  licenses  together  with  each  additional
   10  taxicab  license authorized by section one of this act, provided, howev-
   11  er, that taxicabs operated pursuant to such restricted taxicab  licenses
   12  shall  be  permitted  to  accept  passengers only in areas designated by
   13  local law as areas that are underserved by taxicab service, and provided
   14  further that such restricted taxicab licenses shall be subject  to  such
   15  other terms and conditions as may be prescribed by such local law.
   16    S  3. The licenses issued pursuant to sections one and two of this act
   17  shall be transferable subject to limits prescribed by  such  local  law.
   18  Such  local  law  shall also provide that such public sale of such addi-
   19  tional licenses shall be done by public auction, sealed  bids  or  other
   20  competitive  process,  as provided by regulation of such taxi and limou-
   21  sine commission. Such taxi and limousine  commission  is  authorized  to
   22  sell  by  public  auction,  sealed bids or other competitive process, as
   23  provided by regulation  of  such  taxi  and  limousine  commission,  any
   24  license  which  it repossesses as a result of a default by the purchaser
   25  under the terms of any purchase financing offered by  the  city  of  New
   26  York.
   27    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