Grants authority for medallion owners and designated agents to pass along credit card processing fees to the customer.

This bill allows owners of taxi medallions and their designated agents to charge customers for credit card processing fees. This means that if a customer pays for a taxi ride using a credit card, they may have to pay an additional fee to cover the cost of processing that payment. This change aims to help medallion owners offset their expenses.

Supporters of the bill argue that it provides a fair way for medallion owners to manage rising costs associated with credit card transactions. They believe this will help ensure the financial sustainability of taxi services and maintain the quality of service for customers.

Critics of the bill contend that passing on credit card fees to customers could make taxi rides more expensive and discourage the use of cashless payments. They argue that this could disproportionately affect lower-income individuals who rely on taxis and may not have the means to absorb additional fees.