Establishes discounted parking permits for seniors aged 62 or older with incomes at or below 50% of the area median income.

New York S05766 amends the administrative code to establish discounted parking permits for seniors aged 62 or older who earn 50% or less of the area median income. The bill defines "area median income" as the median family income for the New York, NY HUD Metro FMR Area, adjusted for household size. It also defines "city-issued quarterly municipal parking field permit" and "municipal parking field." The discounted rates for these permits cannot exceed 50% of the highest parking rate charged. Permits are non-transferable if issued to a specific individual or vehicle.

Establishes discounted parking permits for seniors aged 62 or older with incomes at or below 50% of the area median income.

New York S05766 amends the administrative code to establish discounted parking permits for seniors aged 62 or older who earn 50% or less of the area median income. The bill defines "area median income" as the median family income for the New York, NY HUD Metro FMR Area, adjusted for household size. It also defines "city-issued quarterly municipal parking field permit" and "municipal parking field." The discounted rates for these permits cannot exceed 50% of the highest parking rate charged. Permits are non-transferable if issued to a specific individual or vehicle.