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Councilmembers Joe Buscaino (CD) 15 and Curren Price (CD 9) have put forward a new Street Vending Proposal which will be discussed in a public hearing in Council Chambers at City Hall
Key elements:
    Street vending will be allowed City-wide from 7a.m. to 9 p.m. 
    Vending will be prohibited in residential neighborhoods with the exception of roaming pushcart vendors.
    2 vendors per block in commercial areas with the consent of the adjacent business or property owner and other protections.
    Ability of neighborhoods to opt-out with some limitations.
    Enforcement by LAPD and Bureau of Engineering is discussed but specifics have not yet been provided.
    A review of this policy within one year.
LA Times article on the proposal