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Bill

A 423

Relates to the occupancy tax in the village of Coxsackie

2025 Regular Session Introduced by Chris Tague

Bill A 423 adjusts the occupancy tax in Coxsackie, boosting local revenue for services while increasing costs for short-term rental hosts and their guests.

SUBSTITUTED BY S817
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WeVote Research Nonpartisan
Bill Summary · A 423

Summary of Bill A 423: Occupancy Tax in the Village of Coxsackie

Bill Overview

  • Bill Number: A 423
  • Title: Relates to the occupancy tax in the village of Coxsackie
  • Status: Substituted by S 817
  • Introduced: January 08, 2025
  • Classification: Bill

Purpose and Intent

Bill A 423 aims to modify the existing occupancy tax framework within the village of Coxsackie. The primary intent is to enhance local revenue through adjustments to the occupancy tax, which is levied on short-term rentals and accommodations. This bill seeks to provide the village with additional financial resources to support local services and infrastructure.

Key Provisions

While the specific provisions of Bill A 423 are not detailed in the provided information, the following general changes are typically associated with occupancy tax legislation:

  • Tax Rate Adjustments: The bill may propose changes to the current tax rate applied to short-term rentals, potentially increasing the percentage charged to guests.
  • Use of Revenue: It may outline how the revenue generated from the occupancy tax will be allocated, such as funding for local tourism initiatives, public safety, or infrastructure improvements.
  • Compliance and Reporting Requirements: The bill could introduce new compliance measures for property owners and rental platforms to ensure proper collection and remittance of the tax.

Affected Parties

  • Local Government: The village of Coxsackie would benefit from increased revenue, allowing for enhanced public services and community projects.
  • Property Owners and Rental Hosts: Individuals and businesses offering short-term rentals may face increased tax obligations, which could impact their pricing strategies.
  • Visitors and Tourists: Guests staying in short-term accommodations may see an increase in their overall costs due to the adjusted occupancy tax.

Legislative Timeline

  • January 08, 2025: Bill A 423 was introduced and referred to the Ways and Means Committee.
  • June 10, 2025: The bill was reported and referred to the Rules Committee.
  • June 11, 2025: The bill was reported again, ordered to third reading, and subsequently substituted by S 817.

Related Bills

  • S 817: This is the companion bill to A 423, which may contain similar provisions or objectives regarding the occupancy tax in Coxsackie.

Conclusion

Bill A 423 represents a legislative effort to adjust the occupancy tax in the village of Coxsackie, with the potential to generate additional revenue for local government initiatives. Stakeholders, including property owners and visitors, should be aware of the implications this bill may have on their financial responsibilities and experiences in the village.

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

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