Plain English Breakdown
The official text confirms the bill passed both chambers but does not specify if it has been signed into law or when it will take effect.
Fee for Short-Term Rental Properties
This bill creates a new charge on short-term rental properties and sends the money collected to local towns based on how much each receives.
What This Bill Does
- Creates a fee on short-term rental properties.
- Collects revenue from these fees.
- Sends the collected money to municipalities in proportion to what they receive.
Who It Names or Affects
- Owners of short-term rental properties
- Municipalities that receive a share of the fee
Limits and Unknowns
- The official text does not state how much the fee will be.
- The exact method for calculating each municipality's share is not detailed in this summary.
- No effective date is listed in the provided information.