The Austin City Council is considering updates to its short-term rental (STR) regulations but plans to delay significant changes until after the state legislature concludes its current session. Mayor Kirk Watson emphasized the need for clarity on potential legislative impacts, while Council Member Chito Vela highlighted the importance of aligning local regulations with state law. A pause in updates is intended to gather more insights on the legislative environment. However, an immediate requirement for STR operators to collect hotel occupancy taxes will be enacted, which could generate significant revenue for the city’s cultural projects.
I think we'd be in a position to probably move forward on that with just a little more work between now and Thursday," Watson said.
We've missed out on almost a decade of Hotel Occupancy Taxes from STRs," Vela later added. "I don't know what that number is but it's a lot of money.
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