This bill proposes several updates to current statutes regarding vacation rentals and short-term rentals. Notably, it introduces new language to expand the definition of prohibited uses for these rentals, specifically including "other nonresidential use" alongside existing prohibitions such as housing sex offenders and 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 increasing from $250 to $500. The bill also requires that owners display their transaction privilege tax license number on advertisements, a requirement that was previously optional.

Furthermore, the bill modifies the timeline for local regulatory permit issuance from seven to thirty business days and expands the grounds for denial to include outstanding civil penalties from previous owners. It also clarifies that penalties or suspensions associated with violations can transfer to subsequent owners of the property. Lastly, the bill redefines "vacation rental" and "short-term rental" to include specific conditions regarding the duration of rentals and explicitly states that accommodations not meeting these definitions may be regulated as hotels or motels.

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