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Bill to tax short‑term rental platforms for affordable housing gets hearing; staff estimates large local transfers
Summary
A proposed 6% statewide excise on short‑term rental platform sales to fund local affordable housing programs was briefed in the House Finance Committee Feb. 18; staff estimated more than $170 million across four years could flow to local governments under the bill’s rules.
House Finance heard House Bill 17 63 Feb. 18, a proposal to impose a statewide 6% excise tax on short‑term lodging sales facilitated through short‑term rental platforms beginning Jan. 1, 2026, with proceeds deposited to a new Essential Affordable Housing Local Assistance Account.
Under the bill, counties receive the tax revenue attributable to unincorporated areas and incorporated cities receive revenue for sales within their…
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