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§ 58-50 Accessible Vehicle Conversion.
   (a)   Reserved. 
   (b)   Reserved. 
   (c)   Reserved. 
   (d)   Reserved. 
   (e)   Conversion through Scheduled Retirement: A Taxicab Medallion required to be placed into service with an Accessible Vehicle under this Section must continuously be Hacked-up with an Accessible Vehicle for a minimum of four years.
   (f)   Any Owner of a Taxicab Medallion placed into service with an Accessible Taxicab pursuant to this section must comply with all requirements of 35 RCNY Chapter 53.
   (g)   The TLC will review the Taxicab Improvement Fund annually, by no later than the end of April, beginning in 2017, to assess the adequacy of the Fund, the uses of the Fund, and the surcharge funding the Fund receives, and will produce a report annually with the result of its assessment and recommendations and analysis. Such recommendations and analysis shall include but not be limited to the following: (i) whether the current surcharge should be lowered, raised or kept the same; (ii) a review of possible alternate sources of funding for the Fund other than the surcharge; and (iii) the costs incurred by Owners and Drivers that are required to purchase and operate Accessible Vehicles as opposed to those Owners and Drivers who are not so required. Such report shall be submitted to the Speaker of the NYC Council and posted on TLC's website upon completion of the report.
   (h)   [Reserved.]
   (i)   Taxi Improvement Fund Allocations. Owners of Medallions and Drivers of Medallions who have submitted all required forms and documentation as specified by the Chairperson will receive allocations from the Taxi Improvement Fund as follows:
      (1)   Owners of Medallions who have placed an Accessible Taxicab into service will receive:
         (i)   Hack-up Payment. A one-time subsidy payment of at least $14,000, determined by the Commission and posted on the Commission's website. Such payment will be the same for all eligible Medallion Owners. Such a payment will be allocated to a Medallion only if the Accessible Vehicle operating on such Medallion has not previously received such a payment. This determination will be based on the Vehicle Identification Number (VIN) of the Accessible Vehicle.
         (ii)   Accessible Vehicle Operational Payments. A series of equal payments adding up to no less than a total of $16,000. The frequency and amount of such payments will be determined by the Commission and posted on the commission's website, but such payments will be made at least three (3) times per year. Such payments will be the same for all eligible Medallion Owners. Payments will be issued provided that the Accessible Taxicab:
            A.   Meets the vehicle inspection requirements of 35 RCNY § 58-29, and
            B.   With the exception of the first payment following initial Hack-up, has completed a minimum of 250 Passenger trips since the previous inspection.
            C.   Was logged onto the Accessible Taxi Dispatcher system through the Dispatch Equipment while in operation during the period since the previous inspection.
      (2)   Drivers of Accessible Taxicabs will receive periodically, a per-trip payment for each Passenger trip while driving an Accessible Taxicab. The per-trip payment amount will be determined based on a review of available funds and the availability of drivers. The per-trip payment amount will be posted on the TLC Web site.
      (3)   Allocation amounts provided for in Paragraphs (1) and (2) of this subdivision will be reviewed and adjusted as provided in Subdivision (g) of this section.
(Amended City Record 10/23/2015, eff. 11/22/2015; amended City Record 5/14/2018, eff. 6/13/2018; amended City Record 12/11/2018, eff. 1/10/2019; amended City Record 12/9/2020, eff. 1/8/2021; amended City Record 6/20/2024, eff. 7/20/2024; amended City Record 10/18/2024, eff. 10/18/2024)