The enacted law lets Oneonta set a room tax by local law, with rates capped at 6% and authority ending December 31, 2027.
Oneonta is authorized to tax overnight room rentals at up to 6% of the rental price through a local law. Certain public bodies, qualifying nonprofits, and long-term hotel or motel residents are exempt.
The city must put any room tax revenue in its general fund. The common council may decide whether to spend it on city services, infrastructure, or other essential expenses.
Oneonta is authorized to adopt a local law taxing room rentals. It may cover overnight lodging in hotels, motels, apartment hotels, bed and breakfasts, and similar places in Oneonta. The tax rate may not exceed 6% of the room's rental price. The tax does not apply to New York State and certain public bodies, the United States when immune from tax, qualifying nonprofit groups, or people staying in a hotel or motel for at least 90 consecutive days. The act took effect immediately and expires December 31, 2027. Each local law imposing the tax may last no more than two years.
The city must deposit tax revenue in its general fund. This applies to revenue from any room tax imposed under a Oneonta local law. The common council decides whether to use the money for city services, infrastructure, or other essential expenses.
No hearings or votes scheduled.