New York City has passed a bill to bring carsharing into its city fleet. The city will establish a carsharing program for the fleet of light-duty passenger vehicles owned by the city, excluding certain emergency, specially designed, enforcement and inspection vehicles.

Over a five-year period beginning on Jan. 1, 2016, New York City would need to reduce the size of its passenger vehicle fleet by at least 9% through strategies like carsharing. The city would be required to submit annual reports on the program to the city council, according to the Committee on Transportation.

New York City owns and operates almost 27,000 vehicles as part of its municipal fleet, costing about $700 million annually, according to the NYC Department of Citywide Administrative Services. Currently, light-duty passenger vehicles make up 42% of New York City’s fleet. Since 2012, the city has been trying to streamline fleet operations and lower costs.