Bill > S02560

This bill amends New York tax law to allow medallion owners and designated agents of taxicabs and for-hire vehicles to pass along credit card processing fees directly to passengers. Specifically, the legislation permits regulatory agencies to authorize transportation providers to add processing fees for credit card or non-cash payment transactions to the customer's fare, with the requirement that these additional fees be separately stated on passenger receipts. The bill clarifies that these processing fees are not considered part of the official surcharge and must be transparently disclosed to passengers. Additionally, the bill requires regulatory agencies to adjust authorized fares and vehicle meters to accommodate these processing fees. The legislation aims to provide financial relief to transportation providers by allowing them to recover the costs associated with credit card transaction fees, while ensuring transparency for passengers. The act will take effect 90 days after becoming law, giving regulatory agencies and transportation providers time to implement the necessary changes to their fare structures and receipt systems.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S2560