WeVote
Log In

Bill

Bill

S 708

RESTORE Patent Rights Act of 2025

119th Congress Introduced by Chris Coons and 1 co-sponsor

Bill S 708 extends the Village of Woodbury's authority to levy a hotel and motel tax, boosting local revenue for community projects and services.

Introduced in Senate
0
WeVote Research Nonpartisan
Bill Summary · S 708

Summary of Bill S 708: Extension of Hotel and Motel Tax Authority for the Village of Woodbury

Purpose and Intent

Bill S 708 aims to extend the authority of the Village of Woodbury to impose a hotel and motel tax. This tax is designed to generate additional revenue for the village, which can be utilized for various local projects and services that benefit the community.

Key Provisions

  • Extension of Tax Authority: The bill seeks to prolong the existing authority of the Village of Woodbury to levy a hotel and motel tax.
  • Tax Rate and Application: While specific rates are not detailed in the bill summary, the extension allows the village to continue collecting taxes from visitors staying in local hotels and motels.
  • Use of Revenue: The funds generated from this tax are typically earmarked for tourism promotion, local infrastructure improvements, and community services.

Affected Parties

  • Local Government: The Village of Woodbury will benefit from the additional revenue, which can enhance local services and infrastructure.
  • Hotel and Motel Operators: Establishments within the village will be subject to the tax, potentially affecting their pricing and occupancy rates.
  • Visitors: Tourists and travelers staying in Woodbury will incur the additional tax as part of their lodging costs.

Legislative Timeline

  • Introduced: January 08, 2025
  • Referred to Committee: The bill was referred to the Investigations and Government Operations Committee on the same day it was introduced.
  • Advancement: The bill advanced to the third reading on May 01, 2025, indicating progress through the legislative process.
  • Substitution: On May 27, 2025, Bill S 708 was substituted by Assembly Bill A 5445, which serves as its companion bill.

Related Bills

  • A 5445: This companion bill is directly related to S 708 and may contain similar or additional provisions regarding the hotel and motel tax authority for the Village of Woodbury.

Conclusion

Bill S 708 represents a significant legislative effort to ensure that the Village of Woodbury can continue to benefit from the hotel and motel tax, which plays a crucial role in funding local initiatives. The substitution by A 5445 suggests ongoing discussions and potential modifications to the original proposal, reflecting the dynamic nature of legislative processes.

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

Sign in to ask a question.