What's happening
This bill requires a portion of hotel occupancy sales taxes in New York City to be used exclusively for promoting tourism in each borough.
Why it matters
Ensures tourism funding is distributed to all boroughs, not just central Manhattan. , by requiring that a portion of hotel occupancy tax revenue be set aside specifically for each borough in New York City. This could help promote more balanced economic development and visibility for lesser-known neighborhoods.
Establishes a minimum and a cap on the amount allocated per borough. (either 4% of total hotel occupancy tax collected or up to $300,000 annually, whichever is less), ensuring that even boroughs with fewer hotels or tourists receive dedicated promotional funds.
Gives local borough leadership more control over tourism strategies. by allowing borough presidents to designate which organization receives and manages these funds, pending approval from the Department of Economic Development. This could empower communities to tailor tourism initiatives to their unique cultural, historical, or recreational assets.
Mandates transparency and restricts funds to direct tourism promotion activities. , excluding administrative expenses, which could help maximize the impact of these public dollars and increase accountability in how the money is spent.
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Dedicate Hotel Taxes to Tourism
Plain English, a few words. Used as the page title.
Sponsors
1 Co-sponsor
History
- Enacting clause stricken
- Referred to ways and means
- Referred to ways and means
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Fund Borough Tourism Promotion
In Assembly Committee · Ways And Means · Sponsor José Peralta
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
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 population of one million or more
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 1261 of the tax law is amended by adding a new subdivision (h) to read as follows:
(h) Notwithstanding any provision of state or local law, ordinance or resolution to the contrary, from the moneys collected pursuant to section twelve hundred ten of this article for the rent of every occupancy of a room or rooms, as described in subdivision (e) of section eleven hundred five of this chapter, in a city having a population of one million or more, four percent of such moneys or the first three hundred thousand dollars of such moneys collected during each calendar year, whichever shall be less, in each borough of such city shall be deposited into a separate account by the commissioner with the moneys in each such account being expended solely for the purpose of promoting tourism in the borough to which each account relates. The moneys in each account shall be made available for tourism promotion purposes, exclusive of administrative expenses, to an entity designated by the borough president and approved by the department of economic development as responsible for tourism promotion in the borough.
§ 2. This act shall take effect on the first of January next succeeding 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
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.