A bill to amend 2020 PA 340, entitled “Regional event center financing act,” by amending the title and sections 2, 3, and 5 (MCL 141.1442, 141.1443, and 141.1445).
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.
Co-sponsored by Reps.
Referred to the Committee on Regulatory Reform
Referred to the Committee on Local Government and Municipal Finance