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2018 SESSION

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HB 824 Short-term rentals; local ordinances regulating rentals in Cities of Lexington and Virginia Beach.

Introduced by: Barry D. Knight | all patrons    ...    notes | add to my profiles | history

SUMMARY AS PASSED:

Regulation of short-term rentals in the City of Lexington and the City of Virginia Beach. Requires the City of Lexington to comply with various statutory provisions related to the short-term rental of property. The bill mandates a deadline of September 30, 2018, for the City of Lexington to amend its existing ordinance. The bill also mandates that any short-term rental located in the Sandbridge Special Service District in the City of Virginia Beach shall be a principal use subject to the City's regulations applicable to short-term rentals. Whether a short-term rental located in any other area of the City of Virginia Beach is a permitted use is determined by the provisions of the City's zoning ordinance.

SUMMARY AS PASSED HOUSE:

Regulation of short-term rentals; City of Lexington. Requires the City of Lexington to comply with various statutory provisions related to the short-term rental of property. The bill provides that (i) any business license that was required by any ordinance in effect regulating short-term rentals shall be null and void, (ii) any license taxes collected for short-term rentals subject to any ordinance in effect shall be refunded, and (iii) any taxpayer who was required to pay transient occupancy taxes for rental of real property for more than 30 days shall be refunded such payment. The bill mandates a deadline of September 30, 2018, for refunds and for the city to amend its existing ordinance.

SUMMARY AS INTRODUCED:

Regulation of short-term rentals; City of Lexington. Requires the City of Lexington to comply with various statutory provisions related to the short-term rental of property. Any business license that was illegally required by any ordinance in effect regulating short-term rentals shall be null and void, and any license taxes illegally collected for short-term rentals subject to any ordinance in effect shall be refunded. Any taxpayer who was illegally required to pay transient occupancy taxes for rental of real property for more than 30 days shall be refunded such payment. Any violations of this act by the City shall entitle a taxpayer who has been affected by the City's actions to recover a $250 penalty per violation, with each such action by the City being a separate violation.