Authorizes the city of Cortland to establish hotel and motel taxes of up to three percent

This bill authorizes the city of Cortland to implement a local tax of up to three percent on overnight stays at hotels, motels, and bed and breakfasts. The tax applies to guests staying for less than thirty consecutive days but exempts permanent residents and certain entities like government agencies and non-profit organizations. Revenue collected from the tax will go to the city's general fund, with a portion set aside for administrative costs and the remainder designated for tourism promotion, parks, and infrastructure improvements.