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Hotel Tax

Politics
Cuomo Vetoes Mount Pleasant Hotel Occupancy Tax Cuomo Vetoes Mount Pleasant Hotel Occupancy Tax
Cuomo Vetoes Mount Pleasant Hotel Occupancy Tax New York Gov. Andrew Cuomo has vetoed legislation that would have permitted Mount Pleasant to enact a new hotel occupancy tax following three years of debate regarding the bill. Last year, town officials approved a plan to add a 3 percent tax to hotel rates in an effort to increase revenue. Last week, Cuomo’s office announced that it is vetoing the legislation, without offering a reason in the announcement. Cuomo also vetoed similar legislation in other municipalities throughout the state. Presently, there is one hotel within the town’s borders, with a second planned in the coming years. …

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by Zak Failla