As a part of the 2012-2013 New York State budget, the State Legislature enacted new procedural requirements for hotel room remarketers, which are required to collect and remit sales tax on their sales of hotel occupancy in New York State pursuant to legislation passed in 2010. According to a new TSB-M, the recent changes were enacted to make it easier for room remarketers to comply, and include the following provisions: a new method of computing the amount subject to sales tax, based on the price paid by the remarketers for the occupancy relative to the price for other components being sold, which will relieve the room remarketer of the obligation to separately state the rent portion; allowing room remarketers to provide receipts separately stating the sales tax on or before the completion of the occupancy, rather than at the time the sale occurred; and allowing remarketers to report and pay sales tax on the return due for the filing period in which the occupancy ends, rather than on the return due for the period in which they collected the consideration. 2012 Budget Legislation Affecting the Sales Tax Obligations of Hotel Room Remarketers, TSB-M-12(8)S (N.Y.S. Dep’t of Tax. & Fin., July 26, 2012).