From an early age, Mike Brady has been driven to give something back by serving his community. Throughout his childhood and through to adulthood Mike has always worked well with others, it is a part of his character. Even now as an elected official Mike is well known for working in a bi-partisan collaborative manner to get results for the people he serves for. “Mike Brady works†is a common refrain among constituents, as well as colleagues.
The bill expands the scope of the state’s room occupancy excise tax and local option excise tax to include short-term transient accommodations.
The legislation would generate an estimated $34.5 million and $25.5 million in state and local revenues, respectively, based on the most recent Senate Ways and Means Fiscal Impact Report. The expanded tax base will automatically apply to all 175-plus cities and towns that have already adopted the local room occupancy excise to date.
The bill contains consumer protection measures requiring hosting platforms to maintain liability insurance, and strengthens data collection and sharing for cities and towns.