Short-term rental property; local government may tax or may impose tax. (HB1301)
Introduced By
Del. Matt Lohr (R-Harrisonburg) with support from co-patron Del. Steve Landes (R-Weyers Cave)
Progress
√ |
Introduced |
√ |
Passed Committee |
√ |
Passed House |
√ |
Passed Senate |
√ |
Signed by Governor |
√ |
Became Law |
Description
Short-term rental property tax. Authorizes the governing body of any county, city, or town levying a short-term rental property tax to exempt from such tax any person engaged in the short-term rental business whose gross proceeds from all short-term rental property transactions entered into during the preceding year were not in excess of $25,000. View Full Text »

