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Assembly sponsors propose 5% short‑term rental tax, registration and housing fund tie; public hearing scheduled
Summary
Sponsors proposed a charter amendment to impose an additional 5% short‑term rental tax on top of the 12% room tax, paired with a short‑term rental registration and a housing fund. Sponsors discussed exemptions for owner‑occupied units and asked the administration to develop implementation details before a public hearing.
Assembly members presented a proposal Sept. 18 for a short‑term rental (STR) tax and related registration to generate revenue for housing and related infrastructure. The proposal would add a 5% tax applied only to short‑term rentals on top of the municipality’s existing 12% room tax; sponsors said revenues would be dedicated to housing or associated infrastructure programs if approved.
Sponsors and scope: Assembly Member Volleyn, one of the sponsors, said other resort and mountain communities levy STR‑specific taxes ranging from about 2.5% to 7.5% in addition to their base lodging taxes and…
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