summary
Introduced
03/20/2025
03/20/2025
In Committee
05/27/2025
05/27/2025
Crossed Over
05/27/2025
05/27/2025
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend chapter 469 of the laws of 2024, amending the tax law relating to authorizing the city of Olean to impose a hotel and motel tax, in relation to the effectiveness thereof
AI Summary
This bill extends the city of Olean's existing authority to impose a hotel and motel tax by modifying the sunset date of the original legislation. Specifically, the bill changes the expiration date of the tax authorization from September 1, 2025 to September 1, 2027, effectively giving the city two additional years to continue collecting the hotel and motel tax. The bill will take effect immediately upon passage, which means the new expiration date will be in place right away. This type of local tax authorization is common for municipalities to generate additional revenue from temporary visitors and support local infrastructure and tourism-related expenses.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (1)
Last Action
referred to ways and means (on 05/27/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S6699 |
BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S06699&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S06699 |
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