Creates business tax credit for, eliminates sale tax on, eliminates income tax on the sale of, and creates a 10 year tax valuation freeze on newly renovated affordable housing.
Imposes a tax of five percent (5%) upon the rental of a house or condominium. The funds from the tax to be used exclusively for infrastructure improvements, riverine and coastal resiliency and housing.
Requires hosting platforms offering short-term rental of residential property for tourist or transient use to disclose on listings the current, valid registration number and its expiration date.
Requires hosting platforms offering short-term rental of residential property for tourist or transient use to disclose on listings the current, valid registration number and its expiration date.