MO HB2704

Hosts renting online homestay properties (through peer-to-peer websites like Airbnb) to transient guests (30 days or less) must obtain a local business license, with license fees capped at the amount charged for hotel licenses

"Homestay" is defined broadly to include apartments, cabins, campgrounds, condominiums, houses, individual rooms, houseboats, RV parks, and resorts on residential or nonresidential property

Transient guests using online homestay rentals must pay all applicable sales, use, and transient guest taxes for the jurisdiction where the property is located

The peer-to-peer marketplace website facilitating the rental is required to collect and remit all taxes to the appropriate taxing authorities

The Missouri Department of Revenue is authorized to promulgate rules implementing these provisions, effective August 28, 2016