SB 714 Summary

• Imposes transient accommodations tax on resort fees that are calculated separately from the advertised accommodation rate, requiring these fees to be included in gross rental proceeds subject to taxation.

• Changes the tax base for time share occupancy from one-half to 100 percent of gross daily maintenance fees paid by the owner, increasing the amount subject to transient accommodations tax.

• Expands the definition of "gross rental proceeds" to explicitly include booking fees, resort fees, cleaning fees, and other charges collected from consumers, while excluding ground transportation, airfare, meals, and tours.

• Requires transient accommodations intermediaries (including travel agencies, tour packagers, online travel agencies, and booking platforms) to register with the director of taxation and pay a one-time $15 registration fee before arranging transient accommodations at noncommissioned negotiated contract rates.

• Applies effective for taxable years beginning after December 31, 2019.