SB 437

Under current law, a city, village, or town may regulate and license taxicabs and

chauffeurs and operators of taxicabs and may prohibit the use of motor vehicles for

taxicab purposes on the highways of the city, village, or town if the vehicle or operator

of the vehicle is unlicensed.

Under this bill, a 1st class city (currently, only the city of Milwaukee) may

regulate and license taxicabs by use of a taxicab medallion license system. Under

this system, medallion licenses are initially issued to certain currently licensed

taxicab operators upon payment of a fee not to exceed $500 and, annually, the city

may issue additional medallion licenses by public auction. Not more than an

additional two percent of the initial medallion licenses issued during the first five

years, and one percent of existing medallion licenses thereafter, may be issued

annually. Medallion licenses are transferable upon the payment of a transfer fee to

the city and a holder of a medallion license may allow another person to operate a

taxicab under his or her medallion license.