VRMA Administrator
California Senate Bill 584 would impose a 15 percent tax on short-term rentals for stays 30 days or shorter. The bill was passed by the State Senate on May 31 and is currently being considered in the Assembly. Locals with a stake in the vacation rental market say they were blindsided by the bill. Bruce Hoban, a co-founder and board member of the Vacation Rental Owners and Neighbors of Palm Springs, said that even though the measure was introduced in March, he and others involved in the vacation rental business throughout the state weren’t made aware of it until a few weeks ago. “Now, all the interested parties are coalescing and trying to get on the same page,” Hoban said, referencing groups like VRMA, Airbnb, Vrbo, Cal Travel, and the League of California Cities.
Palm Springs Post (06/08/23) Kendall Balchan
