BILL NUMBER: S8789
SPONSOR: FERNANDEZ
TITLE OF BILL:
An act to amend chapter 88 of the laws of 2009 amending the tax law
relating to the imposition of an occupancy tax in the city of New
Rochelle, in relation to extending the effectiveness thereof
PURPOSE OR GENERAL IDEA OF BILL:
To authorize the City of New Rochelle to extend a room occupancy tax not
to exceed 3%, for the three-year period, ending in 2027.
SUMMARY OF PROVISIONS:
Section 1202 of the tax law is amended to extend the authority of the
City of New Rochelle to enact such a tax, for a three-year period,
ending in 2027.
DIFFERENCE BETWEEN ORIGINAL AND AMENDED VERSION (IF APPLICABLE):
n/a
JUSTIFICATION:
The City of New Rochelle seeks to continue the authority granted in 2009
to impose a 3% daily room tax on hotel, motel, inn, club or similar
place of public accommodation. This is a necessary, non-property tax
revenue to support City expenses provides a means for the City to miti-
gate the impacts of rising pension costs, healthcare costs and other
expenses not fully discretionary.
PRIOR LEGISLATIVE HISTORY:
2009: A227/S1886 - Chapter 88 of the laws of 2009
2012: A8555-A/S5903 - Chapter 124 of the laws of 2012
2015: A5190/S3302 - Chapter 159 of the laws of 2015
2018: A10385/58350 - Chapter 162 of the laws of 2018
2021: A6658/S4369 - Chapter 403 of the laws of 2021
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:,
The City estimates revenues of $320,000 per year minus implementation
costs.
EFFECTIVE DATE:
This act shall take effect immediately and shall expire and be deemed
repealed on September 1, 2027.