Sacramento, CA – Senator Mike McGuire (D-Healdsburg) introduced legislation that provides a simple solution to one of California's growing challenges: Regulating Online Vacation Rental Businesses.
The premise of Senate Bill 593 (SB 593) is simple. Where vacation rentals are legal, the bill will assist local jurisdictions in their regulation and collection of Transit Occupancy Taxes (TOT). More than 400 California cities and 55 counties impose a TOT. Where vacation rentals are illegal by local ordinance, the bill will prohibit online vacation rental businesses from making a rental.