SB 1108 - Online Lodging; Regulation; Property Classification

• Repeals sections 9-500.39 and 11-269.17 relating to vacation rental and short-term rental definitions in city and town codes.

• Modifies transaction privilege tax requirements for online lodging operators, requiring them to maintain a current license and display the license number on all advertisements for lodging accommodations.

• Establishes civil penalties of $250 for first offense and $1,000 for subsequent offenses for online lodging operators who fail to comply with tax licensing requirements.

• Creates a new property tax class (Class 1, paragraph 15) for residential properties leased or rented to lodgers for periods of less than thirty days, valued at full cash value.

• Extends the definition of "online lodging operator" to include owners of vacation rentals and short-term rentals not offered through online marketplaces, and allows county and city tax officials to redisclose certain tax information for enforcement purposes.