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IL HB6243

IL HB6243
SHORT-TERM RESIDENTIAL RENTALS


summary

Introduced
02/11/2016
In Committee
02/11/2016
Crossed Over
Passed
Dead
01/10/2017

Introduced Session

99th General Assembly

Bill Summary

Creates the Short-Term Residential Rental Property Act. Provides that a short-term residential rental property listed on internet-enabled platforms shall not be regulated by a unit of local government in a manner more restrictive than bed and breakfast establishments are regulated under the Bed and Breakfast Act. Further provides that a short-term residential rental property, platform administrator, rental property host, or guest shall not be taxed by a unit of local government in an amount greater than a hotel, a hotel operator, or hotel guest. Defines terms.

AI Summary

This bill, titled the Short-Term Residential Rental Property Act, aims to establish consistent regulations and taxation for short-term rentals, such as those booked through platforms like AirBnB. It defines key terms like "short-term residential rental property" (a dwelling or unit rented for short periods), "host" (the person managing the rental), "guest" (the renter), and "platform" (the online service connecting hosts and guests), along with "platform administrator" (the company operating the platform). The core provisions state that local governments cannot regulate these short-term rentals more strictly than they regulate bed and breakfast establishments, and they cannot tax these rentals, their hosts, or guests at a higher rate than hotels, hotel operators, or hotel guests are taxed. This Act is intended to limit the ability of local governments, including those with home rule powers, to impose more restrictive rules or taxes on short-term rentals than what is outlined in this legislation.

Sponsors (1)

Last Action

Referred to Rules Committee (on 02/11/2016)

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