Mayor Michael Bloomberg signed a new law aimed at regulating pedicab fares in New York City to prevent confusing and exorbitant charges, such as a Texas family being charged over $400 for a 14-block ride. The new rules, effective next summer, will require pedicabs to charge by the minute, with visible timers, instead of the current system of charging by block and per passenger, which often includes hidden fees. The law, sponsored by City Councilor Daniel Garodnick, is intended to protect passengers from unexpected or illegal charges. About 700 pedicabs operate in the city, mainly serving tourists.
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