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MD SB533

MD SB533
Sales and Use Tax – Short–Term Rentals


summary

Introduced
02/04/2019
In Committee
04/05/2019
Crossed Over
03/29/2019
Passed
04/08/2019
Dead
Signed/Enacted/Adopted
05/25/2019

Introduced Session

2019 Regular Session

Bill Summary

Requiring certain short-term rental platforms to collect the sales and use tax on the sale of the right to occupy certain short-term rentals; etc.

AI Summary

This bill requires certain short-term rental platforms, known as "hosting platforms," to collect the sales and use tax on the sale or rental of short-term rental units. It defines key terms like "short-term rental," "short-term rental platform," and "hosting platform," and specifies that the sales tax must be stated separately from the rental price on any record of the sale. The bill also prohibits hosting platforms from collecting fees from buyers or rental providers unless the required sales tax is collected. The bill takes effect on June 1, 2019.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (2)

Last Action

Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 758 (on 05/25/2019)

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