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Bill

A 7373

Extends the village of Port Chester occupancy tax for two years

2025 Regular Session Introduced by Steve Otis

Bill A 7373 extends Port Chester's occupancy tax for two years, ensuring continued funding for local services and infrastructure from short-term rentals and hotel stays.

SIGNED CHAP.226
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WeVote Research Nonpartisan
Bill Summary · A 7373

Summary of Bill A 7373

Bill Information

  • Bill Number: A 7373
  • Title: Extends the village of Port Chester occupancy tax for two years
  • Status: SIGNED CHAP.226
  • Introduced: March 25, 2025
  • Classification: Bill

Purpose and Intent

Bill A 7373 aims to extend the existing occupancy tax in the village of Port Chester for an additional two years. This tax is levied on short-term rentals and hotel stays within the village, and the extension is intended to provide continued funding for local services and infrastructure.

Key Provisions

  • Extension of Occupancy Tax: The bill extends the current occupancy tax for two years, allowing the village to continue collecting revenue from this source.
  • Use of Funds: Revenue generated from the occupancy tax is typically allocated to support local services, tourism promotion, and infrastructure improvements.

Affected Parties

  • Local Government: The village of Port Chester will benefit from the continued revenue stream, which is essential for maintaining and improving local services.
  • Tourism and Hospitality Sector: Hotels, motels, and short-term rental operators in Port Chester will be subject to the occupancy tax, impacting their pricing and revenue structures.
  • Residents and Visitors: The extension of the tax may indirectly affect residents and visitors through its impact on local services funded by the tax revenue.

Legislative Timeline

  • March 25, 2025: Bill A 7373 is introduced and referred to the Ways and Means Committee.
  • May 21, 2025: The bill passes the Assembly and is delivered to the Senate.
  • May 27, 2025: The Senate passes the bill, which is then returned to the Assembly.
  • August 4, 2025: The bill is delivered to the Governor for approval.
  • August 7, 2025: The bill is signed into law as Chapter 226.

Related Bills

  • S 6700: This is the companion bill in the Senate that corresponds with A 7373, addressing the same occupancy tax extension.

Conclusion

Bill A 7373 is a legislative measure that extends the occupancy tax in Port Chester for two additional years, ensuring that the village can continue to fund essential services and infrastructure through this revenue source. The bill has successfully passed through the legislative process and is now law, reflecting the community's ongoing commitment to supporting local governance and tourism.

Compiled from official sources — confirm details with the bill’s official record.

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