Bill > A03380

This bill enacts the Towing Protection Enforcement Act, which updates laws regulating the towing of vehicles, including adding provisions to prevent predatory towing of vehicles within New York City. Key provisions include: increasing the minimum surety bond for towing companies from $5,000 to $25,000 (with potential to increase further); allowing the Commissioner to establish a fund for towing companies to contribute to instead of a surety bond; establishing mandatory license suspension or revocation for towing companies that violate certain provisions repeatedly; and prohibiting tow truck operators from using "spotters" or targeting vehicles on private property without the property owner's consent.