BILL NUMBER: S7542A revise 5/20/2025
SPONSOR: ORTT
TITLE OF BILL:
An act to amend chapter 530 of the laws of 2024 amending the tax law
relating to authorizing an occupancy tax in the village of Medina, in
relation to the effectiveness thereof
PURPOSE:
To authorize the village of Medina (Orleans County) to continue to
impose a hotel/motel occupancy tax of up to two percent.
SUMMARY OF PROVISIONS:
Section 1 of the bill amends the tax law authorizing an occupancy tax in
the village of Medina and will expire on December 31, 2027.
Section 2 establishes the effective date.
JUSTIFICATION:
This legislation which is at the request of the municipality would
establish a local bed tax of 2%, with this additional revenue assisting
the Orleans County Economic Development Corporation with infrastructure
projects and land development in the Village of Medina, which will
increase economic development and attract new businesses for a growing
tax base within the Village.
LEGISLATIVE HISTORY:
S.9714 (2024) - signed chapter 530
FISCAL IMPLICATIONS:
None to the State. The village of Medina will raise additional revenues
if they enact a hotel/motel occupancy tax.
EFFECTIVE DATE:
This act shall take effect immediately.