Credit Card Processing Surcharge Rule

Proposed Rules: Closed to Comments

Agency:
Comment By: 
Monday, April 21, 2014

 

Statement of Basis and Purpose of Rule

 

 In accordance with TLC Rule 58-21(c)(5)(xi)D, the TLC proposes an amended rule to increase the credit card surcharge chargeable to lessors of taxicab medallions by an equivalent of $1 per shift.  This change is being made because credit card usage has continued to increase and the formula for recalculating the surcharge contained in TLC Rule 58-21(c)(5)(xi)D indicates that an increase in the surcharge of $1 per shift is warranted. 

 

 

The Commission’s authority for this rule change is found in section 2303 of the New York City Charter and section 19-503 of the New York City Administrative Code. 

 

Public Hearing
Subject: 

Credit Card Processing Surcharge Rule Hearing

Public Hearing Date: 
Wednesday, April 30, 2014 - 10:00am
Location: 
TLC
33 Beaver Street 19th Floor
New York, NY 10004