Extends the city of Olean's authority to impose a hotel and motel tax

This bill extends the city of Olean's existing authority to collect a hotel and motel tax, which was set to expire on September 1, 2025. The key provision changes the expiration date from 2025 to September 1, 2027, ensuring the tax remains in place for two additional years. This directly affects hotels and motels operating within Olean, as they will continue to be subject to this tax. The bill does not create new tax rates or alter the tax structure, only prolonging the current authorization.