The BizFed Land Use, Housing, and Development Committee voted to recommend the following principles to guide the creation of a City of Los Angeles short-term rental ordinance:
- Local governments should collect Transit Occupancy Tax (TOT) based on short-term rentals.
- Local governments should create simple processes to enable platforms to facilitate TOT collection if those platforms so desire.
- Local governments should create a reasonable, convenient, affordable registration system for hosts/owners.
- Any registration and TOT collection system should apply to all short term rentals.
- Any registration fees should pay for ordinance enforcement.
- Local governments may prohibit short-term rental of multifamily properties as de-facto hotels.
- We recommend that the city examine existing systems, funding, and best practices to enhance nuisance abatement processes.
- The above does not preclude BizFed taking a future positionon allowing short-term rentals outside of primary residences, such as vacation homes and secondary homes.
- Click here for LA City Short Term Rentals Board Materials
- Click here for BizFed Letter
