This bill appropriates a total of $2,269,000 from the Philadelphia Taxicab and Limousine Regulatory Fund to the Philadelphia Parking Authority for the fiscal year spanning from July 1, 2025, to June 30, 2026. The funding is intended to support the operations and regulatory functions of the Parking Authority in relation to taxicab and limousine services within Philadelphia.

The act is set to take effect on July 1, 2025, or immediately, depending on which date comes later. This appropriation aims to ensure that the Philadelphia Parking Authority has the necessary financial resources to effectively manage and regulate the transportation services in the city during the specified fiscal year.