NY A10205

Village of Cold Spring is authorized to impose a hotel and motel tax not exceeding five percent of the per diem rental rate per room.

Tax applies to all facilities providing overnight lodging, including hotels, motels, bed and breakfasts, and tourist facilities, but excludes permanent residents occupying rooms for 90 or more consecutive days.

Village chief fiscal officer collects and administers the tax, with hotel and motel owners responsible for collecting payment from guests and remitting to the village.

All tax revenues are deposited in the village's general fund and may be used for any lawful purpose.

Act takes effect immediately and expires three years after enactment.