{"id":70064,"date":"2019-06-27T07:02:23","date_gmt":"2019-06-27T11:02:23","guid":{"rendered":"https:\/\/downbeachbuzz.com\/?p=70064"},"modified":"2023-11-26T17:24:31","modified_gmt":"2023-11-26T22:24:31","slug":"mazzeo-armato-bill-protects-shore-homeowners-from-short-term-rental-tax","status":"publish","type":"post","link":"https:\/\/downbeachbuzz.com\/mazzeo-armato-bill-protects-shore-homeowners-from-short-term-rental-tax\/","title":{"rendered":"Mazzeo & Armato Bill Protects Shore Homeowners from Short Term Rental Tax"},"content":{"rendered":"

\"NJ<\/p>\n

\n

A measure to ensure private homeowners \u2013 particularly at the Jersey Shore – will not be subject to a 2018 law that extended New Jersey\u2019s sales and occupancy tax to short term rentals received final legislative approval on Thursday, passing the full Assembly 74-0. The bill now goes to the Governor\u2019s desk.<\/p>\n

In an effort to level the playing field between hotels, motels and transient accommodations like Airbnb, a 2018 law expanded the State\u2019s 6.625 percent sales and use tax and 5 percent hotel and motel occupancy fee to short-term rentals.<\/p>\n

The legislation (A-4814\/4520<\/a>) would require that transient accommodations only be subject to taxes if the rental is obtained through a marketplace, online or otherwise.<\/p>\n

Bill sponsors include Assembly Democrats John Armato and Vince Mazzeo.<\/p>\n

\u201cOver the past several months, we\u2019ve listened to Jersey Shore homeowners \u2013 many of whom are still recovering from Hurricane Sandy – who are worried they\u2019ll see far less summer guests this season as a result of the short term rental tax. Summer tourism is the heartbeat of the shore, and this law was never intended to hurt the private homeowners who help it grow and thrive.<\/em><\/p>\n

\u201cThe legislation approved today will help property owners who rely on word of mouth, signs, social media and longstanding customers to keep their rentals booked through the summer. It will help shore businesses keep customers flocking to their doors. And it will help tourists afford to have the vacation of their dreams right here at the Jersey Shore. <\/em>As the summer begins, the Legislature will do it all it can make sure this tourism season is the best yet.\u201d<\/em><\/p>\n

The legislation passed the full Senate last week, 33-0.<\/p>\n","protected":false},"excerpt":{"rendered":"

A measure to ensure private homeowners \u2013 particularly at the 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