Plain English Breakdown
The bill status shows it was referred to a committee; final passage or enactment is not confirmed by this specific excerpt.
Sharing Short-Term Rental Taxes with Local Towns
This bill changes state law so that part of the tax collected on short-term rental stays goes to the local towns where those rentals are located.
What This Bill Does
- Amends Chapter 219 of the general statutes regarding taxes.
- Dedicates a portion of the room occupancy tax received by the state from short-term rentals to municipalities.
Who It Names or Affects
- Municipalities where short-term rental properties are located.
Limits and Unknowns
- The bill does not specify the exact portion or percentage of tax to be dedicated.
- The effective date is unknown as the bill has been referred to a committee and no enactment date is listed.
- The source material does not explain how much money each town might receive.