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Assembly Bill A9432

2023-2024 Legislative Session

Prohibits any licensee who maintains, conducts or operates a parking lot or garage from increasing its schedule of rates by greater than ten percent over a twelve month period

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Archive: Last Bill Status - In Assembly Committee

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2023-A9432 (ACTIVE) - Details

Current Committee:
Assembly Cities
Law Section:
New York City Administrative Code
Laws Affected:
Amd §20-324, NYC Ad Cd
Versions Introduced in 2025-2026 Legislative Session:
A2288

2023-A9432 (ACTIVE) - Summary

Prohibits any licensee who maintains, conducts or operates a parking lot or garage from increasing its schedule of rates by greater than ten percent over a twelve month period.

2023-A9432 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9432
 
                           I N  A S S E M B L Y
 
                              March 14, 2024
                                ___________
 
 Introduced  by  M.  of  A. L. ROSENTHAL -- read once and referred to the
   Committee on Cities
 
 AN ACT to amend the administrative code of the  city  of  New  York,  in
   relation to limiting excess rate changes for parking garages
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Section 20-324 of the administrative code of  the  city  of
 New York is amended by adding a new subdivision d to read as follows:
   D.  ANY  LICENSEE WHO MAINTAINS, CONDUCTS OR OPERATES A PARKING LOT OR
 GARAGE IS PROHIBITED FROM INCREASING ITS SCHEDULE OF  RATES  BY  GREATER
 THAN TEN PERCENT OVER A TWELVE MONTH PERIOD.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD14680-02-4

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