Relates to the allocation and use of the revenues raised from the imposition of hotel and motel taxes in Cortland county

Summary

The bill moves money collected from local hotel and motel taxes into Cortland County’s treasury and places it in a reserve fund for tourism, conventions and other economic‑development projects. The county may retain up to ten percent of the revenue for administering the tax, and at least seventy‑five percent of the first one million dollars of net annual occupancy receipts must be used for tourism planning, promotion, marketing and related activities. Any remaining net proceeds can be spent on other lawful county economic‑development purposes.

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