VA HB695 | 2024 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 9 2024 - 25% progression
Action: 2024-02-13 - Left in Appropriations
Pending: House Appropriations Committee
Text: Latest bill text (Comm Sub) [HTML]

Summary

Short-term rentals; registration; civil penalty. Directs the Department of Taxation to establish a registry of short-term rental properties and require accommodations providers and intermediaries to register. Under the bill, an accommodations provider shall provide to the Department its name and the address of each property it offers for short-term rental. The bill states that the Department shall issue each such accommodations provider a unique numerical identifier for each such property. Furthermore, an accommodations intermediary shall provide the Department with its name and the contact information for the individual responsible for liaising with state and local officials regarding noncompliant short-term rental listings. The bill states that as a condition of listing a short-term rental on its platform, an accommodations intermediary shall require each accommodations provider to provide such provider's name and the unique numerical identifier and specific address for each short term-rental offered. Under the bill, such information, as well as information regarding receipts and taxes paid, shall be provided to the Department by the accommodations intermediary on a quarterly basis. Short-term rentals; registration; civil penalty. Directs the Department of Taxation to establish a registry of short-term rental properties and require accommodations providers and intermediaries to register. Under the bill, an accommodations provider shall provide to the Department its name and the address of each property it offers for short-term rental. The bill states that the Department shall issue each such accommodations provider a unique numerical identifier for each such property. Furthermore, an accommodations intermediary shall provide the Department with its name and the contact information for the individual responsible for liaising with state and local officials regarding noncompliant short-term rental listings. The bill states that as a condition of listing a short-term rental on its platform, an accommodations intermediary shall require each accommodations provider to provide such provider's name and the unique numerical identifier and specific address for each short term-rental offered. Under the bill, such information, as well as information regarding receipts and taxes paid, shall be provided to the Department by the accommodations intermediary on a quarterly basis. The bill states that the Department shall provide the commissioner of the revenue for each locality with access to the registry and information contained therein. The commissioner of the revenue shall notify an accommodations intermediary of any short-term rental on its platform that is not lawfully authorized to be offered on its platform, and the accommodations intermediary shall remove any such listing from its platform. Under the bill, any accommodations intermediary who does not remove such a listing from its platform shall be subject to a civil penalty of $1,000, to be paid into the Virginia Housing Trust Fund.

Tracking Information

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Title

Short-term rentals; Department of Taxation to establish a registry, civil penalty.

Sponsors


Roll Calls

2024-02-07 - House - House: Reported from Finance with substitute (19-Y 0-N) (Y: 19 N: 0 NV: 0 Abs: 3) [PASS]
2024-02-07 - House - House: Reported from Finance with substitute (18-Y 0-N) (Y: 18 N: 0 NV: 0 Abs: 4) [PASS]
2024-02-06 - House - House: Subcommittee recommends reporting with amendments (8-Y 0-N) (Y: 8 N: 0 NV: 0 Abs: 1) [PASS]

History

DateChamberAction
2024-02-13HouseLeft in Appropriations
2024-02-07HouseReferred to Committee on Appropriations
2024-02-07HouseCommittee substitute printed 24107319D-H1
2024-02-07HouseReported from Finance with substitute (19-Y 0-N)
2024-02-06HouseSubcommittee recommends referring to Committee on Appropriations
2024-02-06HouseSubcommittee recommends reporting with amendments (8-Y 0-N)
2024-02-02HouseAssigned Finance sub: Subcommittee #2
2024-01-09HouseReferred to Committee on Finance
2024-01-09HousePrefiled and ordered printed; offered 01/10/24 24100641D

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
581612.3(n/a)See Bill Text

Virginia State Sources


Bill Comments

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