Bill > S07492

This bill extends the authority of the village of Cold Spring to impose a hotel and motel tax through July 21, 2027. Specifically, the legislation modifies a previous law from 2022 that originally allowed the village to implement such a tax with a sunset provision. The bill changes the expiration date from the original vague language of "3 years after such date" to a precise date of July 21, 2027. Additionally, the bill renumbers an existing section of the tax law related to this local tax authority. The technical amendments ensure that the village of Cold Spring can continue to collect the hotel and motel tax for several more years, providing a potential revenue stream for local municipal services. The bill takes effect immediately, and the changes are designed to create clarity and continuity in the village's tax collection capabilities.

Budget and Finance, Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S7492