As the Senate chair of the Joint Committee on Financial Services, I was pleased that Governor Baker signed the short-term rental (Airbnb) bill into law last week!
I’m thankful to House co-chair Aaron Michlewitz who did a tremendous amount of work on the bill. Together we held hearings on regulating and taxing short-term rentals (STRs) in western Mass, Cape Cod, and Beacon Hill. Much credit goes to Senators Michael Rodrigues, Eric Lesser, and Julian Cyr for filing the major Airbnb bills, and to advocates like Karen Chen of the Chinese Progressive Association for successfully advocating for a registry of STRs.
My main focus was to ensure that a guaranteed 35% of the local option community impact fee be dedicated to affordable housing or infrastructure needs, which is now law. In my view, a significant % of the state and local taxes should help build more affordable housing. I’m also grateful to my Legislative Director Ryan Gelman, who dedicated a lot of time to reviewing the bills.
Below is a summary of the bill courtesy of Senator Michael Rodrigues’ office:STR Conference Committee Report Summary_updated 12.2018