S T A T E O F N E W Y O R K
________________________________________________________________________
2288
2025-2026 Regular Sessions
I N A S S E M B L Y
January 16, 2025
___________
Introduced by M. of A. 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.
LBD05729-01-5