Press-Republican

Business

June 20, 2014

Assembly passes Franklin Co. bed tax

MALONE — The State Assembly passed the Franklin County occupancy tax as the session was winding down Thursday.

That came as great news to County Legislature Chairman Billy Jones (D-Chateaugay), who earlier in the day had expressed frustration that no action had been taken. 

“We’ve been working at this for three, 3½ years now,” he said.

The legislation that would allow the county to tack on an extra 5 percent surcharge on overnight guests still needs Senate OK, which Jones did not believe would happen this session.

And it would have to be signed by Gov. Andrew Cuomo.

“I’m very grateful that it did pass in the Assembly,” Jones said on Thursday evening. “I want to thank Assemblywoman (Janet) Duprey for her leadership in getting this done.

“It’s a very encouraging sign ..., and we remain encouraged that the Senate will act on it sometime in the future, hopefully later this year.”

North Country Chamber of Commerce President Garry Douglas called the Assembly passage of the bill “a major step.

“Hopefully now there will be an opportunity to obtain required Senate passage before the end of the year,” he said in a press release.

LODGING BUSINESS GROWING

The county spent considerable time last year appointing a committee to create an occupancy-tax law then adopting that law and forming a Tourism Advisory Committee that would determine how the money collected from lodging owners would be spent.

Legislators vowed the bed-tax money would stay in a separate account dedicated to tourism efforts and not be placed in the general fund.

Initial calculations made a few years ago estimated the county could take in $300,000 to $400,000 a year from an occupancy tax, but several hotel projects and improvements are taking place in Malone and Saranac Lake that could make that number grow.

The added fee would be charged on overnight stays at vacation-rental properties, bed-and-breakfasts, cottages, condominiums, hotels and motels.

Text Only | Photo Reprints
Business
Colin Read's Column

Business Spotlight
Peter Hagar's Farm Column

Farm Briefs
Videos: Business News
Autistic Entrepreneurs Prove Their Mettle Security Firm: Hackers Steal 1.2B Passwords Phelps Signs With New Suit Company Escaping Email: Inspired Vision or Pipe Dream? US Employers Add 209K Jobs, Rate 6.2 Pct US Stocks Plunge, Wiping Out July's Gains Looming Demand Could Undercut Flight Safety Six Indicted in StubHub Hacking Scheme Trump: DC Hotel Will Be Among World's Best AP Review: Amazon Fire Adds Spark to Smartphones