Create a task force to study taxicab medallion values.

A Local Law to create a task force to study taxicab medallion values

The bill would establish a task force to study taxicab medallion values. The task force would review sale prices of taxicab medallions and their impact on the City’s budget, then recommend changes to laws, rules, regulations, and policies related to taxicabs designed to increase the value of medallions. The task force’s recommendations would be due to the Mayor and Council within six months.