SB 416 - Authorizes Individuals to Rent Out Room through Online Platform - Virginia Key Vote

Stage Details

Title: Authorizes Individuals to Rent Out Room through Online Platform

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Title: Authorizes Individuals to Rent Out Rooms through Online Platform

Vote Smart's Synopsis:

Vote to pass a bill that authorizes an individual to rent out rooms through an online platform for up to 30 days, effective September 1, 2016.

Highlights:

  • Prohibits a local government from prohibiting or limiting an individual from using his or her primary residence to rent out a room or space for lodging for up to 30 days (Sec. 1).
  • Authorizes a “hosting platform” to register with the Department of Taxation for the collection and remission of applicable taxes on any booking transactions facilitated by the platform (Sec. 1).
  • Defines “hosting platform” as an individual or organization that facilitates reservations or collects payments for booking transactions on behalf of a primary resident through an online digital platform (Sec. 1).

 

Title: Authorizes Individuals to Rent Out Rooms through Online Platform

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