Post by High Priestess on Dec 22, 2018 17:17:14 GMT
Massachusetts is proposing a bill to regulate short term rentals thru the whole state:
www.wbur.org/bostonomix/2018/12/21/massachusetts-short-term-rental-bill-explainer
What's in the bill?
The new bill would apply a 5.7% tax to short-term housing rentals — the same tax currently applied to hotels and motels.
The bill, does gives cities and towns the ability to levy additional taxes or other regulations, including banning short-term rentals altogether.
The legislation would also create a statewide registry of short-term housing rentals to help track where they are, and it would require operators to have insurance for their short-term rentals.
"The bill complies with a basic framework of leveling the playing field between short-term rentals and traditional lodging establishments, preserving local control and protecting consumers that are engaged in the emerging short-term rental market, said state Sen. Michael Rodrigues, who worked on the bill.
www.wbur.org/bostonomix/2018/12/21/massachusetts-short-term-rental-bill-explainer
What's in the bill?
The new bill would apply a 5.7% tax to short-term housing rentals — the same tax currently applied to hotels and motels.
The bill, does gives cities and towns the ability to levy additional taxes or other regulations, including banning short-term rentals altogether.
The legislation would also create a statewide registry of short-term housing rentals to help track where they are, and it would require operators to have insurance for their short-term rentals.
"The bill complies with a basic framework of leveling the playing field between short-term rentals and traditional lodging establishments, preserving local control and protecting consumers that are engaged in the emerging short-term rental market, said state Sen. Michael Rodrigues, who worked on the bill.