INDEXINDUSTRY TRADE ASSOCIATIONSARCHIVESCONTACT

 

 

 

 

Industry Notice #19-09

June 18, 2019

Notice: TIF Owner Payment Changes

The TLC is expanding the Taxi Improvement Fund (TIF) owner payments as described below.


Hack-Up Payment Changes

All medallions, regardless if the medallion is required to hack-up a wheelchair accessible vehicle, are now eligible to receive hack-up payments when placing wheelchair accessible vehicles into service. To meet the new eligibility requirements, owners must:

  1. Enroll in the TIF Owner Program, and

  2. Hack-up wheelchair accessible vehicle that has not previously received a hack up payment (based on the vehicle's VIN).

The new eligibility requirement applies to hack-ups on or after January 1, 2019.


Operational Payment Changes

Operational payments, formerly referred to as "maintenance" or "inspection" payments, are no longer limited to a maximum four-year term. Owners will now receive operational payments so long as the wheelchair accessible vehicle remains in service.

Additionally, TLC is increasing the frequency of these payments from three payments each year to one payment every quarter. To meet the new eligibility requirements, owner must:

  1. Enroll in the TIF Owner Program, and

  2. Ensure the wheelchair accessible vehicle hacked-up to the medallion completes at least 250 trips each quarter and that such wheelchair accessible vehicle remains logged onto the Accessible Taxi Dispatcher system while in operation.

Operational payments will be made on the following schedule:

Quarter TPEP Trip Review Period Expected Pay Date
Q1 January — March May
Q2 April — June August
Q3 July — September November
Q4 October — December February


If you have any questions about how these changes affect you, please contact TLC Taxi Improvement Fund program at tift@tlc.nyc.gov or check out our FAQ at www1.nyc.gov/site/tlc/about/taxi-improvement-fund-faq.page