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City council passes short-term rental bill

Posted at 11:22 PM, Dec 06, 2018
and last updated 2018-12-07 08:18:20-05

City Council passed a bill Thursday night to regulate short-term rentals such as Air BnB.

The bill makes all short-term rental homes pay 9.5% hotel tax and regulations that Air BnB and hotels have.

The bill also makes it so short-term rental hosts can only do business at one home at a time.

Councilman Eric Costello says they've been working on the bill for 2 years and it's about protecting neighborhoods.

"It gives the city a swift and decisive mechanism to revoke problem operators licenses. number two it captures the hotel tax which the city was missing out on.  number three it prevents neighborhoods from becoming overly transient," said Councilman Costello.

The taxes of the bill go into effect at the end of this year and all other factors will start at the end of 2019.