Lege TREND. Anatomy of a Statewide Short Term Rental Bill.

State: Massachusetts

The bill: H4841 (MA | 2018)

What does this statewide short term rental bill do?

• register with the state
• minimum of $1 million in insurance
• 5% tax to the state
• Cities can impose an additional 6% tax
• Creates state affordable housing fund
  • funded by 3%  tax on property owners with 2+ short-term rentals in the same city
•  Exempts properties rented for fewer than 14 days/year

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