โ SB104
Regards local regulation, taxing of short-term rental properties
Current Status: In Senate Committee (Local Government)
Summary
The bill limits local governments' authority to regulate short-term rental properties, prohibits local regulations that restrict their operation, and extends local lodging taxes to these rentals, requiring short-term rental platforms to collect these taxes. It also mandates that real estate licenses be issued electronically.
Rationale
The bill supports property rights and reduces local government regulation, aligning with some Libertarian principles. However, it introduces a tax collection requirement which may conflict with the Libertarian Party's stance against taxation and government overreach, leading to a lower alignment score for the LPO.
Risks and Concerns
- Potential increase in local government reliance on tax revenue from short-term rentals.
- May lead to further government regulation of private property rights in the future.
