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Committee clears short‑term rental excise tax option aimed at affordable housing funding
Summary
The committee voted to report HB 2,559, authorizing a local-option excise tax of up to 4% on short‑term rentals to fund affordable housing; amendments on credits, geographic limits and voter approval were discussed but not adopted; roll call 9 ayes, 6 nays.
The House Finance Committee reported out House Bill 2,559, which would allow counties and cities to impose a local-option excise tax of up to 4% on short‑term rentals to fund affordable housing programs.
Serena Dolly briefed the bill and summarized three proposed amendments in the EBB: SERE 239 (Representative Jacobson) would require any local short‑term rental tax to be credited against the…
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