Summary of Original Version

Create new sections of KRS Chapter 100 to define terms related to short-term rentals; make owner-occupied short-term rentals a permitted residential use; permit non-owner-occupied short-term rentals to be subject to a conditional use permit or variance; permit regulation of short-term rentals in certain circumstances if enforcement is in the same manner as other properties; allow planning unit to require permitting for the operation of short-term rentals and enumerate the contents of a permit application, procedures for application, revocation of a permit, benefits of permit, and penalties for operating without a permit when planning unit has adopted a permitting ordinance; state that the Act shall not be construed to affect regulations of a homeowner's association or other similar property owner association; state that any ordinance that conflicts with provisions of the Act is unenforceable; provide that the Act may be cited as the Kentucky Short-Term Rental Regulation Act.