Ma. Governor Charlie Baker on Friday signed first-of-its-kind legislation to tax and regulate the short-term housing rental market in Massachusetts, capping years of debate over how to navigate an industry that has exploded through companies like Airbnb.
The new rules will take effect July 1 and could transform a market that spans the state, from Cape Cod summer homes to Boston apartment buildings to Western Massachusetts vacation retreats.
The bill requires every rental host to register with the state, mandates they carry insurance, and opens the potential for local taxes on top of a new state levy. A chief negotiator for the House said the goal is to register every short-term rental in the state by September, and local officials, including in Boston, say the new law will help buttress their own efforts to regulate the booming market. But before Baker’s ink could dry, the law drew a sharp rebuke from Airbnb, which called it “flawed” and unnecessarily complex. Advocates who have closely followed the process — including Airbnb’s decision to sue in federal court to overturn Boston’s municipal regulations — warn a lawsuit against the state could also follow. More
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