Bill Text: NY S00479 | 2017-2018 | 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: (Engrossed - Dead) 2018-02-27 - referred to ways and means [S00479 Detail]

Download: New_York-2017-S00479-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                           479
                               2017-2018 Regular Sessions
                    IN SENATE
                                       (Prefiled)
                                     January 4, 2017
                                       ___________
        Introduced  by  Sen. PERALTA -- read twice and ordered printed, and when
          printed to be committed to the Committee on Investigations and Govern-
          ment Operations
        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    §  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.
                                                                   LBD00122-01-7
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