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Communication from the Mayor - "AN ACT to amend the tax law, in relation to authorizing any city having a population of one million or more to provide a partial exemption from the mortgage recording tax and to provide certain credits against the personal income tax of any such city and to exempt certain sales and uses of clothing and footwear from the imposition of sales and compensating use taxes, to amend chapter 161 of the laws of 1970, relating to enabling any city having a population of one million or more to impose and collect taxes on the occupancy of hotel rooms in such city, in relation to authorizing such city to reduce the rates of such taxes, to amend the administrative code of the city of New York, in relation to exempting from the hotel room occupancy tax the occupancy of rooms in certain small hotels, and to amend the real property tax law, in relation to extending for three years the partial abatement of real property taxes on residential real property classified as cla...
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