SFMTA approves restrictions on taxi medallions

by : sfexaminer – excerpt

Vocal city cab drivers clapped, cheered and gave the rare “thank you” to San Francisco Municipal Transportation Agency board members Tuesday after they unanimously approved an amendment prohibiting any party other than a medallion holder or taxi company to operate a medallion, and postponed gate-fee increases for six months.
The item on medallions — permits that allow a cab to operate — had been an issue for several decades but has become a larger problem in the past 10 years as medallion leasing rapidly spread as a new business model. It created an industry of medallion brokers who illegally carried out color scheme functions without permits or oversight and took in profits, said Chris Hayashi, deputy director of SFMTA’s Taxis and Accessible Services Division… (more)

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