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Video Above: SAFE Act advances to the CA Governor’s desk
The new bill is set to address the issue of short-term rentals operating without proper licenses in California, Durazo said. The lack of licensing from 25% to 75% of these rentals results in uncollected taxes, causing local governments to lose money and contributing to housing shortages and rising rent levels.
“For too long, platforms… have profited while local governments struggle to collect the taxes they’re owed and enforce the laws their communities have voted for,” Durazo said. “SB 346 gives cities and counties the basic tools they need to do their jobs.”
After the Assembly took a bipartisan vote (64-0, with 15 not voting), the bill also received unanimous concurrence from the Senate on Tuesday. The California League of Cities and the Association of County Treasurers and Tax Collectors sponsor Durazo’s bill, with support from dozens of local jurisdictions across the state, according to the senator.
“SB 346 ensures that every California city has the information needed to enforce its local short-term rental laws, crack down on illegal units and collect the correct amount of transient occupancy taxes owed to them,” said League of California Cities Executive Director and CEO Carolyn Coleman.
Governor Gavin Newsom will have until Oct. 12 to sign or veto the Senate Bill. According to the senator, if the governor signs her bill, local governments will be able to opt in and receive information to effectively collect taxes from these short-term rentals and enforce local laws.
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