Extends the authority of the city of New Rochelle to impose an occupancy tax

This bill extends the legal authority for the city of New Rochelle to collect an occupancy tax on visitors until September 1, 2027. Previously, this specific tax power was set to expire earlier, but the legislation updates the expiration date in the state tax laws. The change allows the city to continue generating revenue from short-term stays without needing to seek further legislative approval before the new deadline. Once signed into law, the extension takes effect immediately and remains in place until the specified end date.