Bill > A07340

This bill extends the city of Olean's existing authority to impose a hotel and motel tax by modifying the expiration date of a previous law. Specifically, the bill changes the sunset (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, and the new expiration date means that after September 1, 2027, the provisions allowing the city to impose this tax will be automatically repealed. This type of legislation is common for local governments, allowing them to maintain specific taxing powers for a limited, defined period of time.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A7340