This bill amends several statutes to include the definition of "short-term rental." The definition of "short-term rental" is any individually or collectively owned single-family house or dwelling unit, or any unit or group of units in a condominium, cooperative, or timeshare, or owner-occupied residential home, that is offered for a fee and for less than 30 consecutive days in a building that is otherwise used as a residence. The term "vacation rental" is also given the same meaning as "short-term rental." The bill applies this definition to statutes governing housing authorities, taxation of room rentals, and certain rental proceedings. The bill also clarifies that rooms in hotels, motels, inns, tourist homes, and other dwellings rented as short-term rentals are excluded from shared facility rental regulations. Additionally, the bill specifies that vacation or recreational rental units are those rented for residential purposes by persons who have no other residence during part or all of the non-recreational or vacation period, but are not considered "short-term rentals" as defined in the bill. The bill will take effect 60 days after its passage.

Statutes affected:
Introduced: 540-B:1, 540-C:1