S T A T E O F N E W Y O R K
________________________________________________________________________
6960
2015-2016 Regular Sessions
I N A S S E M B L Y
April 15, 2015
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Introduced by M. of A. SEPULVEDA -- 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:
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 OCCU-
PANCY 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, EXCLU-
SIVE 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.
S 2. This act shall take effect on the first of January next succeed-
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.
LBD00437-01-5