New York S10556 allocates hotel and motel tax revenues in Cortland County, with 75% supporting tourism and 25% for economic development.
New York S10556 amends the tax law to change how hotel and motel tax revenues are allocated in Cortland County. At least 75% of the net annual occupancy receipts must be used to support and enhance tourism and tourist activities. The remaining 25% can be used for any lawful county purpose related to economic development. This bill takes effect immediately.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.