2024 House Bill 5438

Housing: other; short-term rental regulation act; create.

A bill to provide for the registry, promotion, and regulation of certain short-term rentals and hosting platforms; to create certain databases; to provide for the imposition and collection of a statewide excise tax; to provide for the disbursement of the excise tax; to provide for the powers and duties of certain state and local governmental officers and entities; and to prescribe penalties and remedies.

Mackinac Center Analysis

Creates the Short-Term Rentals Regulation Act that would permit counties to impose a tax on short-term rentals (AirBnb, VRBO, etc.) by adding those properties to the codes hotels are subjected to. This is part of a larger package imposing a new taxing and regulatory structure on short-term rentals to treat them like commercial properties and allowing local government to ban and heavily regulate them.