ALBANY – Governor Cuomo has signed legislation allowing Delaware County to enact a “bed tax” up to 2 percent on hotel and motel room rentals, state Sen. Jim Seward, R-Milford, announced today.
The bill (S.5075/A.7316) follows a home rule request from the Delaware County Board of Supervisors and is now Chapter 205 of the laws of 2015
The estimated return of between $200,000 to $250,000 will be dedicated to promoting and developing Delaware County’s tourism industry.
“Delaware County, like so many other rural counties, is struggling to generate income while diligently working to keep property taxes in check,” said Seward. “The good news though is that tourism is on the rise and by promoting our winning attributes people will come, businesses will reap the rewards, and our local economy will grow exponentially.”
“By increasing funds available to promote tourism, Delaware County’s name and our outstanding attractions will be known to a much larger audience and will translate to a profound economic boost,” said Jim Eisel, chairman of the Delaware County Board of Supervisors.
Delaware County will need to pass its own local law before the occupancy tax takes effect.
Additionally, Governor Cuomo also signed into law a bill (S.4143/A.5765) allowing Delaware County to maintain its local sales tax at the current 4 percent, one percent above the rate authorized in state law.