This bill appropriates a total of $2,193,000 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 regulatory activities of the Parking Authority in relation to taxicabs and limousines operating within Philadelphia.

The act is set to take effect on July 1, 2025, or immediately, depending on which date comes later. This ensures that the appropriated funds will be available for the designated fiscal year, facilitating the ongoing regulation and oversight of the transportation services in the city.