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Bill

A 8363

Relates to permitting the village of Cold Spring to impose a hotel and motel tax

2025 Regular Session Introduced by Dana Levenberg

Bill A 8363 allows Cold Spring to impose a hotel and motel tax, generating funds for local services and tourism, impacting guests and local businesses.

SUBSTITUTED BY S7492
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WeVote Research Nonpartisan
Bill Summary · A 8363

Summary of Bill A 8363

Bill Number: A 8363
Title: Relates to permitting the village of Cold Spring to impose a hotel and motel tax
Status: Substituted by S 7492
Introduced: May 13, 2025
Classification: Bill

Purpose and Intent

Bill A 8363 aims to grant the village of Cold Spring the authority to impose a tax on hotel and motel accommodations within its jurisdiction. This legislation is intended to provide the village with a new revenue stream that can be utilized for local services, infrastructure improvements, and tourism-related initiatives.

Key Provisions

  • Imposition of Tax: The bill allows Cold Spring to levy a hotel and motel tax on guests staying in local accommodations.
  • Tax Rate: While the specific tax rate is not detailed in the provided information, such taxes typically range from 3% to 5% of the room rate, depending on local regulations.
  • Use of Revenue: Funds generated from this tax are expected to be allocated for local projects, including but not limited to tourism promotion, public safety, and infrastructure maintenance.

Affected Parties

  • Local Businesses: Hotels and motels in Cold Spring will be directly impacted as they will need to collect this tax from guests.
  • Visitors: Tourists and travelers staying in Cold Spring will incur an additional cost due to the hotel and motel tax.
  • Village Government: The local government will gain new financial resources to support community projects and services.

Legislative Timeline

  • May 13, 2025: Bill A 8363 was introduced and referred to the Ways and Means Committee.
  • May 27, 2025: The bill was reported and referred to the Rules Committee.
  • May 29, 2025: The bill was reported again and ordered to third reading, but was subsequently substituted by S 7492, which is its companion bill.

Related Bills

  • S 7492: This is the companion bill to A 8363, which likely contains similar provisions regarding the hotel and motel tax for Cold Spring.

Conclusion

Bill A 8363 represents an effort to enhance the financial resources available to the village of Cold Spring through the introduction of a hotel and motel tax. By allowing local authorities to impose this tax, the bill aims to support community development and tourism initiatives. The substitution of this bill by S 7492 indicates a legislative process that may further refine or expand upon the original proposal.

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

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