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In an effort to regulate how pedicabs set fares, the City Council passed legislation today that would require pedicab drivers to set their rates based on the duration of rides.

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If the bill becomes law, drivers of pedicabs, popular in tourists spots like Central Park and Times Square, would be required to use a timer during all rides.

The timer would have to be fastened within clear view of the passengers, along with rates charged.

“Our legislation will bring increased legitimacy to the pedicab industry and will ensure customers know what they’re paying to go on a ride – without being taken for a ride," Council Speaker Christine Quinn said in a statement.

Intro. 0597 - 2011 was championed by Councilman Dan Garodnick, the chair of the committee on consumer affairs.

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“I’ve known Dan Garodnick – as an advocate, a colleague and a public servant – for more than a decade. Dan shares my commitment to integrity and reform in government. Those are exactly the values that we need – first and foremost – in the City Comptroller’s office," said Sen. Liz Krueger, in her endorsement of Councilman Dan Garodnick for city comptroller today.

The Democratic Primary is 13 months away, but with the race for mayor heating up, the race for comptroller is also getting early play.

Gardonick appears to be the only declared candidate for the position. Current City Comptroller John Liu is an assumed mayoral candidate, but his run has been clouded with a federal investigation into his supporter's fundraising practices. Councilman Domenic Recchia is also considered a likely candidate for the positon.

Garodnick has already raised $1.2 million for his bid, according to the city's Campaign Finance Board website.

Garodnick returned Krueger's praise in a statement, saying: “Since her first day in office, no one has fought harder for reform in Albany than Liz Krueger. I welcome her support to our rapidly-growing coalition for thoughtful, independent financial leadership for the City of New York.”

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