Gov. Cuomo and state lawmakers announced yesterday that they’d reached a deal on legislation that will expand taxi services in the outer boroughs and bring more handicapped cabs to the city.

The bill, which has been in negotiations since last June, will allow livery cabs–largely the only car service available here in the outer boroughs and upper Manhattan–to legally pick up street hails (yes, it was illegal before). The new law will also permit the Taxi and Limousine Commission to issue 18,000 new livery cab licenses 2,000 new medallions for traditional yellow taxis, reserved for cars that are wheelchair accessible.

Local elected officials are calling the deal a win for the Bronx, where livery cabs and car services are the norm.

“I am pleased that after months of negotiations over the details of this legislation, an agreement has been reached that will improve the quality of life of my constituents in the Northwest Bronx and will provide livery cab drivers, so many of whom live in the 33rd Senate District, with the much-needed ability to pick up legal street hails,” State Sen. Gustavo Rivera said in a statement.

“This plan is a victory for commuters,” said Bronx Borough President Ruben Diaz, Jr.

The sale of the new licenses and taxi medallions will bring in an estimated $1 million in revenue for the city, according to the plan.