The proposed bill would amend section 9-500.39 of the Arizona Revised Statutes to allow cities and towns to impose regulations on vacation rentals and short-term rentals. Specifically, it would enable local governments to limit the number of such rentals by adopting ordinances that set a maximum number of regulatory permits or licenses, require specific distances between rentals, or establish maximum numbers within designated areas.

Additionally, the bill introduces a provision that exempts owners of existing vacation rentals or short-term rentals, who hold valid permits or licenses prior to the amendment's effective date, from new ordinances enacted under these regulations, provided they remain in good standing. However, this exemption would not apply if the city or town deems it necessary for public health and safety or if the owner's permit or license is revoked or suspended. The bill also includes a re-labeling of the current subsection L to M, ensuring clarity in the statute.

Statutes affected:
Introduced Version: 9-500.39