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Legislative Update – October 27, 2021

House votes to preempt local bans on short-term rentals

Early this morning, the House passed a new version of a preemption for local bans on short-term rental properties.

HB 4722 (H-11) passed 55-48 and now goes to the Senate for consideration.

The bill says short-term rental properties can’t be banned, be subject to a conditional use permit and not be considered a commercial property. Local governments can limit at 30% the percentage of units in within its boundaries that can do short-term rentals.

Governments can also limit the number of short-term rentals a person can rent out at two. It also limits the number of consecutive days someone can rent a property at 30.

Locals can still regulate noise, advertising, traffic and other conditions that may create a nuisance through an ordinance. It also allows locals to conduct health and safety inspections.

 

Coffee Talk with Lt. Governor Garlin Gilchrist II

Traverse Connect investors are invited to grab a cup of coffee and join Lieutenant Governor Garlin Gilchrist ll on Thursday, Nov. 18 at 10am to learn about what is happening on the state level and ask questions about issues that matter to them. Access to this free virtual event is exclusive to Traverse Connect investors. Learn more by reviewing our investment levels, or contact our Director of Investor Engagement, Brenda McLellan.

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