You Won’t Believe How This New NY Tax Could Impact Your Next Staycation!
The New York State Senate has passed Bill S 6618, authorizing the town of Montgomery to impose a hotel and motel tax. This new legislation, sponsored by Senator Rolison, aims to generate additional revenue by taxing lodging accommodations within the town. The bill has now been delivered to the governor for approval and, if signed, will enable Montgomery to fund local projects through this targeted tax.
Importantly, the bill includes a sunset clause, indicating that the hotel and motel tax provisions will be repealed once the specified expiration date is reached. This temporary measure ensures the community can reap fiscal benefits without a permanent tax increase. Residents and visitors alike might notice the change in lodging prices, which is expected to support local infrastructure and community development initiatives.
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