SC H3876

Establishes that accommodations intermediaries (online travel agencies, digital booking platforms) must collect and remit state and local accommodations taxes on transactions they facilitate, unless a professional property management company serves as merchant of record

Defines key terms including "accommodations intermediary," "merchant of record," and "professional property management company," clarifying responsibilities for tax collection in short-term rental transactions

Requires professional property management companies acting as merchant of record to collect and remit applicable state accommodations tax (7%) and local taxes/fees, with intermediaries required to provide booking details within one business day

Mandates annual reporting by accommodations intermediaries and providers to the Department of Revenue listing physical addresses of properties rented for more than 14 days during the previous calendar year

Requires local governments to notify the Department of Revenue and State Treasurer at least 60 days before imposing new accommodations taxes or fees, and the department must annually publish all applicable tax rates