Bill > HB06493

This bill requires owners of short-term rental properties to register these units in a new state-wide registry managed by the Department of Revenue Services. Owners will be required to pay a tax on any rental units that are not their primary residence. The tax revenue will be distributed in three ways: 50% will go directly to municipalities, 25% will be allocated to community action agencies to support housing initiatives, and the remaining 25% will be directed to the Time to Own program, which likely helps residents purchase homes. A short-term rental is typically defined as a residential property rented out for brief periods (often less than 30 days) through platforms like Airbnb or VRBO. The bill aims to create transparency in the short-term rental market, generate revenue for local communities, and potentially address housing affordability issues by imposing a financial requirement on non-owner-occupied rental properties.

Budget and Finance, Housing and Urban Affairs

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB06493&which_year=2025