Are there any laws related to the regulation of public transportation fares?

Yes, there are laws related to the regulation of public transportation fares in New York. The New York State Public Service Commission (PSC) is the regulatory agency responsible for setting and regulating public transportation fares, referred to as fare regulations. This includes all forms of public transportation, including buses, taxis, commuter rail, and subways. All of these different types of public transportation should charge fair and reasonable fares, and the rates must be approved by the PSC before they can go into effect. The PSC also sets the rules for how the fares are collected, such as whether they can be paid with cash or credit cards, and when discounts are available. Additionally, the PSC oversees all customer service-related issues, including customer complaints, fare disputes, and disability access. To ensure public transportation fares are fair and reasonable, the PSC also needs to consider the cost of providing the service, the demand for the service, and the public interest. The PSC may hold public hearings to solicit input from the public regarding fare levels, and those who are affected by the proposed fare changes. After reviewing all of the evidence, the PSC will decide on the final fares. Ultimately, the purpose of the PSC regulation of public transportation fares is to ensure that public transportation services can be provided in a fair and reasonable manner, while also allowing the public transportation service provider to offer their services at a price that is still economically viable.

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