Taxi industry insiders attended a meeting in Albany on Wednesday in a last bid attempt to resolve issues surrounding the Bloomberg administration’s outer borough taxi bill. The 2-hour discussion was convened and chaired by Governor Andrew Cuomo himself.
Following the summit, Cuomo said “even though government comes with the best of intentions, to redesign a system, there can be unanticipated consequences.” He said one of the main sticking points in the plan to allow livery cars to accept street hails is wheelchair accessibility — and if anyone would purchase accessible permits since the vehicles are more expensive.
"The industry says that nobody is going to buy those permits because it’s not economically feasible. They can’t afford to buy the cars given the revenue. That's a big hole in the current plan," Cuomo explained.
He added another key issue to be worked out is how the plan would be enforced.
The governor has until next week to veto or sign before the bill before it expires. If he does sign, it’ll likely to be contingent on significant changes to the bill happening through a chapter amendment.
Taxi and Limousine Commissioner David Yassky called the meeting a "very productive discussion." Yassky said the city will keep working to try and hash out an agreement.
If it becomes law, the plan would green-light the sale of about 2000 yellow medallions, adding about $1 billion dollars in revenue to the city's budget.