Bill Text: NY A06960 | 2015-2016 | General Assembly | Introduced
Bill Title: Provides that a portion of the local hotel occupancy tax in a city having a population of one million or more shall be dedicated to promoting tourism within each individual borough of such city.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Introduced - Dead) 2016-01-06 - referred to ways and means [A06960 Detail]
Download: New_York-2015-A06960-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 6960 2015-2016 Regular Sessions I N A S S E M B L Y April 15, 2015 ___________ Introduced by M. of A. SEPULVEDA -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to the disposition of a portion of sales taxes collected for hotel occupancy in cities having a popu- lation of one million or more THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 1261 of the tax law is amended by adding a new 2 subdivision (h) to read as follows: 3 (H) NOTWITHSTANDING ANY PROVISION OF STATE OR LOCAL LAW, ORDINANCE OR 4 RESOLUTION TO THE CONTRARY, FROM THE MONEYS COLLECTED PURSUANT TO 5 SECTION TWELVE HUNDRED TEN OF THIS ARTICLE FOR THE RENT OF EVERY OCCU- 6 PANCY OF A ROOM OR ROOMS, AS DESCRIBED IN SUBDIVISION (E) OF SECTION 7 ELEVEN HUNDRED FIVE OF THIS CHAPTER, IN A CITY HAVING A POPULATION OF 8 ONE MILLION OR MORE, FOUR PERCENT OF SUCH MONEYS OR THE FIRST THREE 9 HUNDRED THOUSAND DOLLARS OF SUCH MONEYS COLLECTED DURING EACH CALENDAR 10 YEAR, WHICHEVER SHALL BE LESS, IN EACH BOROUGH OF SUCH CITY SHALL BE 11 DEPOSITED INTO A SEPARATE ACCOUNT BY THE COMMISSIONER WITH THE MONEYS IN 12 EACH SUCH ACCOUNT BEING EXPENDED SOLELY FOR THE PURPOSE OF PROMOTING 13 TOURISM IN THE BOROUGH TO WHICH EACH ACCOUNT RELATES. THE MONEYS IN EACH 14 ACCOUNT SHALL BE MADE AVAILABLE FOR TOURISM PROMOTION PURPOSES, EXCLU- 15 SIVE OF ADMINISTRATIVE EXPENSES, TO AN ENTITY DESIGNATED BY THE BOROUGH 16 PRESIDENT AND APPROVED BY THE DEPARTMENT OF ECONOMIC DEVELOPMENT AS 17 RESPONSIBLE FOR TOURISM PROMOTION IN THE BOROUGH. 18 S 2. This act shall take effect on the first of January next succeed- 19 ing the date on which it shall have become a law. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD00437-01-5