LITTLE VALLEY – Cattaraugus County legislators may hold a Nov. 21 public hearing on a local law to renew the 5-percent bed tax on overnight stays in county lodging places.
The Finance Committee today [Nov. 1] will consider a resolution for a 3:01 p.m. public hearing, as well as a resolution for Local Law 3-2006, which would renew the bed tax. Local Law 20-2003, which established the bed tax, expires Dec. 3.
The Cattaraugus County Legislature must also approve the Nov. 21 public hearing and Local Law 3-2006. The next legislature meeting is scheduled for Nov. 8.
Local Law 3-2006 would take effect immediately upon approval and would remain in effect for three years, according to the resolution.
The money raised from the tax is allocated for tourism and economic development.
I’m curious to see if the strong opposition to the bed tax is still there among the county’s affected businesses. Prior to the passage of the initial bill, many had loudly voiced their opposition. It will be interesting to see if they still feel the same way and if they will attend and speak out at the (possible) public hearing on November 21.
Revenue from the bed tax this year is expected to be approximately $500,000.