SB 1202 Summary

• Allows registered hosting platforms to collect and remit general excise taxes and transient accommodations taxes on behalf of short-term rental lodging operators, with hosting platforms required to file detailed schedules listing operator names, addresses, unit locations, and booking transaction details.

• Limits each operator to registering only one short-term rental lodging unit (with operators under common control counted as a single entity) and caps short-term rental use at 60 calendar days per year per unit.

• Imposes a 4% surcharge on short-term rental lodging booking transactions to fund supportive services for homeless families and chronically homeless individuals, with up to 8% of revenue used for administration and enforcement.

• Requires short-term rental lodging operators to maintain three-year records of booking transactions and requires hosting platforms to de-list units that lack valid registration numbers or fail to comply with land use, zoning, and tax requirements.

• Establishes an annual $10,000 fee for hosting platforms to operate in Hawaii and prohibits short-term rental use of units receiving affordable housing assistance from federal, state, or local government programs.