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Bill > S08321


NY S08321

NY S08321
Extends the authorization to have an occupancy tax in the town of Putnam Valley, in the county of Putnam.


summary

Introduced
06/02/2025
In Committee
06/11/2025
Crossed Over
06/17/2025
Passed
08/07/2025
Dead
Signed/Enacted/Adopted
08/07/2025

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend chapter 339 of the laws of 2023 amending the tax law relating to authorizing an occupancy tax in the town of Putnam Valley, in Putnam county, in relation to extending the effectiveness thereof

AI Summary

This bill extends the authorization for an occupancy tax in the town of Putnam Valley, Putnam County, by modifying a previous law passed in 2023. Specifically, the bill changes the expiration date of the tax authorization from 2 years to 4 years, which means the town will now have a longer period to implement and collect the occupancy tax. An occupancy tax is typically a fee charged to guests staying in hotels, motels, and other short-term lodging establishments, with the revenue often used to support local tourism, infrastructure, or other municipal services. By extending the authorization period, the town will have more time to benefit from this revenue source and potentially plan for longer-term community investments.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

SIGNED CHAP.320 (on 08/07/2025)

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