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Fiscal Court gives first reading to ordinance updating transient room tax rules
Summary
Court conducted first reading of ordinance 460.3 to implement House Bill 8's transient room tax rules (including short‑term rental definitions) and approved updated penalty and interest rates; staff will fine‑tune definitions and include online travel companies for the second reading.
County staff presented an amendment to ordinance 460 (proposed Ordinance 460.3) to implement state House Bill 8, clarifying who must collect the transient room tax (including short‑term rentals). The proposed changes include raising penalty rates and interest: staff proposed a 20% penalty and 12% annual interest for unpaid transient room tax amounts.
The proposed ordinance also incorporates language from the League of Cities model for House Bill 8 and will add a definitions page to clarify terms such as 'short‑term rental' and the status of online travel companies (e.g., VRBO, Airbnb). Commissioner input recommended explicitly covering rentals booked through online travel companies; staff agreed to refine the draft before the second reading.
The court approved the ordinance's first reading by voice vote; staff will present the revised draft with clarified definitions and any additional language at the next fiscal court meeting.
