Increases hotel and motel tax rates in Saratoga County and Saratoga Springs, removes exemptions for properties with less than 4 units, and changes.

New York A07634 amends the tax law to increase the allowable tax rates for hotels and motels in Saratoga County and the city of Saratoga Springs. It raises the county's tax rate to three percent and the city's to two percent of the per diem rental rate for each room, removing exemptions for properties with fewer than four rentable units. The bill also changes the allocation of tax revenues: 50% goes to the Saratoga County Prosperity Partnership for tourism promotion and economic development, and 50% to the city of Saratoga Springs for tourism marketing and City Center expansion.

Increases hotel and motel tax rates in Saratoga County and Saratoga Springs, removes exemptions for properties with less than 4 units, and changes.

New York A07634 amends the tax law to increase the allowable tax rates for hotels and motels in Saratoga County and the city of Saratoga Springs. It raises the county's tax rate to three percent and the city's to two percent of the per diem rental rate for each room, removing exemptions for properties with fewer than four rentable units. The bill also changes the allocation of tax revenues: 50% goes to the Saratoga County Prosperity Partnership for tourism promotion and economic development, and 50% to the city of Saratoga Springs for tourism marketing and City Center expansion.