Senate Amendment 58
H 5100 - Session 125 (2023-2024)
Budget

S E N A T E A M E N D M E N T

   AMENDMENT NO. _____

310896031496000/SM

CREATEDATE \@ "MMMM d, yyyy" \* MERGEFORMAT April 24, 2024

Clerk of the Senate

   ADOPTION NO. _____

BILL NO: H.5100  (Reference is to Printer's Date 04/23/24-S.)

04572000 

 Senator JACKSON proposes the following amendment (SM SHORT TERM RENTALS):

 Amend the bill, as and if amended, Part IB, Section 113, AID TO SUBDIVISIONS- STATE TREASURER, page 511, after line 34, by adding an appropriately numbered new proviso to read:

/ (AS-TREAS: Short Term Rental) (A) For the purposes of this provision, "short term rental" means any single-family house, dwelling unit, room, or any unit or group of units in a condominium, cooperative or timeshare, or home that is offered for a fee and for less than thirty consecutive days. Short-term rentals do not include a unit that is used for any nonresidential use, including retail, restaurant, banquet space, event center, or another similar use.

 (B) A local governing body that prohibits short term rentals or restricts the use of short-term rentals based on their classification, use, frequency, or duration must remit to the General Fund ten percent of the local government funds appropriated by this act. This does not apply to short term rental prohibitions enacted prior to 2003. / 

 Amend sections, totals and title to conform.