Short-term rental property; local government to exempt person engaged in rental business. (SB662)
Introduced By
Sen. Emmett Hanger (R-Mount Solon)
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 »
Status
02/03/2010: Merged into SB355
View Bill's History
