Establishes discounted parking permits for seniors

This bill creates discounted quarterly parking permits for New York City seniors aged 62 or older who earn 50% or less of the local median income (as defined by HUD). Eligible residents would pay up to 50% less than the standard rate for city-operated parking fields, with income verification required through a commissioner-approved application. Permits are non-transferable and tied to specific vehicles, and the program takes effect 90 days after enactment.