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

This bill extends the city of New Rochelle's legal authority to collect an occupancy tax on short-term rentals until September 1, 2027. The legislation updates the expiration date of an existing tax law, allowing the city to continue generating revenue from this source for an additional three years. By amending the relevant state law, the bill ensures the tax remains in effect without requiring new legislation before the current deadline passes.