This bill proposes several updates to current statutes regarding vacation rentals and short-term rentals. It introduces new language that expands the definition of nonresidential use to include any use beyond those currently specified, such as housing sex offenders or operating sober living homes. Additionally, it mandates that owners provide a valid transaction privilege tax license and emergency contact information to the city or town, with penalties for non-compliance. The bill also increases the maximum fee for issuing a permit or license from $250 to $500 and requires that owners display their transaction privilege tax license number on advertisements if a local permit is not required.

Furthermore, the bill modifies the timeline for local regulatory permit issuance from seven to thirty business days and adds criteria for denying permits based on outstanding civil penalties or previous ownership issues. It clarifies that penalties or suspensions associated with violations can transfer to subsequent owners of the property. The definition of "vacation rental" or "short-term rental" is also revised to specify conditions under which properties can be classified as such, including limits on rental duration and the exclusion of nonresidential uses. Overall, these changes aim to enhance regulation and compliance within the vacation rental sector.

Statutes affected:
Introduced Version: 9-500.39, 11-269.17, 42-12003, 42-12004, 42-5005, 42-5042, 12-1134, 9-835, 33-1901, 9-461.18, 42-5076, 42-5070, 42-12001