Proposed Ordinance Would Place Safety Regulations, Tax on Short-Term Rentals

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Source: City Beat
By Nick Swartsell
March 26, 2019

A proposed ordinance released by Cincinnati City Council member David Mann yesterday would levy a 7 percent excise tax on short-term rentals, such as those listed on sites like Airbnb, and would require those rentals to be registered and certified compliant with city safety regulations.

Under the potential new law, the tax receipts collected by sites like Airbnb would go to the city’s recently-created affordable housing trust fund.

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