“It doesn’t mean that we don’t raise the difficult question of what is the solution,” Limón said. Now it must contend with a shaky economy, which has stoked apprehensions about increasing taxes among even some Democrats, including Gov. Limon’s proposal already faced higher hurdles as a tax measure, requiring a two-thirds vote of both houses of the Legislature. While legislators have made a few unsuccessful attempts to regulate vacation rentals over the past decade, these fights largely played out at the local level, where the effects of their surging popularity with travelers is more immediate. The Senate could vote on the measure as soon as today it must pass by the end of the week to continue on this year. “I see this bill really saying everyone has a role to play.” “One of the things that I get asked very often by my local cities and counties is: ‘Where is the money to build the housing?’” Limón told CalMatters. This statewide surcharge, an addition to the local transient occupancy taxes that most communities already require, could generate an estimated $150 million annually to build or rehabilitate low- and middle-income housing.

Monique Limón, a Santa Barbara Democrat, would impose a 15% tax on short-term rentals - the homes and rooms that owners rent out like hotels for 30 days or less at a time - starting in 2025. California lawmakers are considering a measure this session that would tax short-term rentals to fund affordable housing projects, a proposal that has revived dormant tensions at the state Capitol over the rise of companies like Airbnb and Vrbo and their responsibility for the state’s constrained housing supply.

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