(a) Between September 1 and November 15 of each even-numbered year, the Taxicab Services Commission must conduct a review of the County taxicab industry including:
(1) at least one public hearing;
(2) solicitation of comments from stakeholders;
(3) an evaluation of:
(A) the economic condition of the taxicab industry; and
(B) the adequacy of service rendered by the industry.
(b) The Commission must submit a report to the Executive and County Council not later than December 1 of the year the review is conducted, describing the status of the industry and identifying any changes to the regulation of the industry that the Commission finds necessary or desirable, including:
(1) changes to the number of licenses in circulation;
(2) changes in taxicab rates set under Section 53-106;
(3) changes in fees set under Section 53-107;
(4) changes in insurance requirements under Section 53-225 or applicable regulation;
(5) changes to the accessibility requirements under Article 5;
(6) changes to the affiliation and dispatch requirements under this Chapter; and
(7) any other changes that the Commission determines would improve the delivery of taxicab services.
(c) The review of economic condition of the industry must include consideration of taxicab rates, lease and affiliation rates, and industry fees charged to and by licensees and drivers. In reviewing the rates and fees, the Commission must consider:
(1) driver income compared to the County minimum wage; and
(2) the cost of industry-related regulatory and enforcement expenditures. (2015 L.M.C., ch. 39, § 1.)