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.
STATE OF NEW YORK
________________________________________________________________________
3208
2017-2018 Regular Sessions
IN ASSEMBLY
January 27, 2017
___________
Introduced by M. of A. SEPULVEDA, SIMON -- read once and referred to the
Committee on Ways and Means
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
