If you are a Coconino County vacation rental owner, you’ve probably heard about Senate Bill 1350 and its impact on your association. If not, keep reading to find out what this means for you and your vacation rental. And remember, if you have questions, contact Community Development. They can help you navigate this complicated legal process. There’s an easier way to get the answers you need, though.
Senate Bill 1350
The new laws will make it more difficult to rent your property to vacationers in the state of Arizona. This new law is known as Senate Bill 1350, and it goes into effect on January 1, 2017. The legislation aims to protect the rights of property owners and to promote economic inclusion. As a result, it prohibits the establishment of vacation rentals and short-term rentals, and it also bans homeowner associations from banning the use of their property as a vacation rental.
The new laws also allow local governments to regulate vacation rentals. However, they cannot regulate rentals based on the use, classification, or occupancy of a property. However, local governments can still regulate vacation rentals to protect the health and safety of guests. In 2015 and 2016, Coconino County approved administrative permits for 17 vacation rentals. However, the county staff recommends removing vacation rentals from the list of uses, and requiring the owners to submit affidavits stating that they have smoke detectors in the home. It also recommends requiring the establishments to have egress for guests during the permitting process.
Impact of Senate Bill 1350 on Coconino County Vacation Rental Owners Association
The recent passage of the State Senate Bill 1350 (SB1350) will have an impact on vacation rentals in the state. SB1350, which is set to become effective January 1, 2017 and prohibit short-term and vacation rentals, does more than simply prohibit short-term rental properties. In addition, it imposes new restrictions on vacation rentals and interferes with emergency services, federal aeronautics regulations, and more. The new law is a class one misdemeanor.
Arizona lawmakers are weighing legislation that would ensure vacation rental owners pay their fair share of property taxes. SB 1490, passed by the Senate Finance Committee, would require short-term rental homes and other residential property to be assessed at a commercial rate. Currently, hotels are assessed at eighteen percent of “full cash value” – the market value – whereas residential properties have a 10 percent assessment ratio.
Impact of Coconino County Vacation Rental Ordinance on Coconino County Vacation Rental Owners Association
The Coconino County Board of Supervisors has passed an ordinance that will regulate short-term vacation rentals beginning Nov. 19. The new law establishes standards for such rentals, such as occupancy limits, parking requirements, and noise limitations. The county’s planning and zoning department has spent over a year drafting the ordinance. If you own a short-term rental, you should contact the Coconino County Vacation Rental Owners Association for additional information and to ask questions.
Some counties have argued that short-term rentals should be classified as residential, instead of commercial, because it lowers property taxes. The county assessor, however, says that short-term rentals are distinct from mini hotels and should receive residential tax classification. The report includes a letter to Airbnb CEO, which has responded to the community’s concerns. Some cities have enacted their own vacation rental ordinances.