LOCAL TREND | 5 Points of NYC's Ride Share Cap

• Caps the number of vehicles by prohibiting new ride share licenses
• The cap is for 1 year
• Also required is minimum wage, at a minimum for drivers
• During the year, the Taxi and Limousine Commission will study the impact of ride share
• Does not apply to disabled or disadvantaged areas

CNBC | New York City just voted to cap Uber and Lyft vehicles, and that could make rides more expensive

NYTimes | Uber Hit With Cap as New York City Takes Lead in Crackdown