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Oral arguments were heard on April 24, 2013, and the Court issued a ruling in early June. The ruling was in the City’s favor. Therefore, the first sale of taxi medallions is planned for the fall of 2013.
<div style=”margin-bottom:5px”> <strong> <a href=”http://www.slideshare.net/LuisTaverasMBAMS/decision-upholds-constitutionality-of-state-law” title=”TAXI MEDALLIONS – Decision upholds constitutionality of state law” target=”_blank”>TAXI MEDALLIONS – Decision upholds constitutionality of state law</a> </strong> from <strong><a href=”http://www.slideshare.net/LuisTaverasMBAMS” target=”_blank”>Luis Taveras MBA, MS</a></strong> </div>
The Taylor Law (particularly the Triborough Amendment provision) expires on July 1st. What should Gov. Cuomo do?
The so-called Triborough Amendment, passed in 1982, prohibited public employers from “refus[ing] to continue all the terms of an expired agreement until a new agreement is negotiated” unless – importantly – the union went on strike.
Fiscal Intelligence 