San Francisco continues to target Airbnb
AirBnB and other short-term rental companies are coming under new pressure to pay back taxes to the county of San Francisco.
Despite the fact that legislation was passed last year, after a contentious battle between the Board of Supervisors and Mayor Ed Lee, pressure is renewing on the companies to pony up.
The San Francisco Chronicle reports that the local Democratic County Central Committee on Wednesday night is set to vote on a resolution authored by state Sen. Mark Leno, Supervisor David Campos and committee member Meagan Levitan demanding that Airbnb immediately pay its back taxes, estimated at $25 million.
And Leno continues to champion legislation in Sacramento that could impact the short-term rental market.
Local leaders are also looking at a November ballot measure to create new regulations on short-term rental brokers.
Last year, Lee signed legislation formally legalizing the use of short-term rental services. But it established a city registry for those seeking to make their properties available, limits the number of days people may rent their homes and requires people who want to rent to carry $500,000 in liability insurance.