HB05416: An Act Concerning The Regulation And Taxation Of Short-term Rental Properties And The Dedication Of A Portion Of The Room Occupancy Tax From Such Rentals.
Legislative Summary
To (1) establish a state-wide short-term rentals registry and registration fee, (2) specify safety standards for such rentals and liability insurance requirements for the owners of such rentals, (3) dedicate fifty per cent of the room occupancy tax received by the state from such rentals to municipalities and twenty-five per cent of such revenue to the Tourism Fund, and (4) authorize municipalities to impose a supplemental room occupancy tax.
Demographic Impact
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Bill History
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