Amends 2024 laws regulating short-term rentals in New York; provides local option; provides for tax collection.

The bill amends the real property law and the tax law to regulate short-term rentals in New York. It requires counties to establish registration systems for short-term rental units, with shared registries allowed. Booking services must register and collect taxes on rentals. Local governments can enact stricter laws. The bill also defines terms like "short-term rental unit" and "booking service." It sets penalties for violations and provides for data sharing between booking services and the state.

Amends 2024 laws regulating short-term rentals in New York; provides local option; provides for tax collection.

The bill amends the real property law and the tax law to regulate short-term rentals in New York. It requires counties to establish registration systems for short-term rental units, with shared registries allowed. Booking services must register and collect taxes on rentals. Local governments can enact stricter laws. The bill also defines terms like "short-term rental unit" and "booking service." It sets penalties for violations and provides for data sharing between booking services and the state.