AN ACT REQUIRING OWNERS OF SHORT-TERM RENTALS TO REGISTER IN A STATE-WIDE REGISTRY AND PAY A TAX ON UNITS THAT ARE NOT OWNER-OCCUPIED.

HB 6493 requires owners of short-term rental properties (like Airbnb units) that are not occupied by the owner to register in a state-wide registry and pay a tax. It directly affects non-owner-occupied short-term rental property owners. The bill establishes a state registry managed by the Department of Revenue Services and mandates registration and taxation for qualifying units. Revenue from the tax is distributed as follows: 50% to municipalities, 25% to the state for community action housing programs, and 25% to the Time to Own program.