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File #: ORD-19:019    Version: Name: AMEND CHAPTER 62-40 AND 62-41 OF THE JONESBORO CODE OF ORDINANCES FOR THE PURPOSE OF MODIFYING THE DEFINITIONS TO INCLUDE SHORT TERM RESIDENTIAL BUSINESS RENTALS AND LEVYING A TAX UPON SAID RENTALS
Type: Ordinance Status: Passed
File created: 4/4/2019 In control: Finance & Administration Council Committee
On agenda: Final action: 6/4/2019
Title: AN ORDINANCE TO AMEND CHAPTER 62-40 AND 62-41 OF THE JONESBORO CODE OF ORDINANCES FOR THE PURPOSE OF MODIFYING THE DEFINITIONS TO INCLUDE SHORT TERM RESIDENTIAL BUSINESS RENTALS AND LEVYING A TAX UPON SAID RENTALS
Sponsors: Finance
title
AN ORDINANCE TO AMEND CHAPTER 62-40 AND 62-41 OF THE JONESBORO CODE OF ORDINANCES FOR THE PURPOSE OF MODIFYING THE DEFINITIONS TO INCLUDE SHORT TERM RESIDENTIAL BUSINESS RENTALS AND LEVYING A TAX UPON SAID RENTALS
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WHEREAS, the Advertising and Promotion Commission voted unanimously to request the City Council to consider modifying the definitions in the Hotel-Motel tax code to include new business types; and

WHEREAS, it is the desire of the Council to make those changes.

BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF JONESBORO, ARKANSAS:

SECTION ONE: That City Ordinance 62-40 be deleted and replaced with the following language:
62-40 Definitions.
1. Gross Receipt Tax means a tax of three percent (3%) upon the gross proceeds from renting, leasing, or otherwise furnishing of motel or hotel accommodations or short-term residential rentals in the city.
2. Hotel or Motel Accommodations means the renting, leasing, or otherwise furnishing of accommodations in hotels or motels upon a day-to-day basis or a week-to-week basis. Provided, however, that this shall not include the renting, leasing, or furnishing of accommodations upon month-to-month tenancies or tenancies of a longer duration.
3. Short-term Residential Business Rentals means the renting, leasing, or otherwise furnishing of accommodations in residential properties, utilizing online web sites or agents such as Airbnb, newspaper ads, direct marketing methods, Craigslist, word of mouth, and all other methods of advertising rental engagements upon a day-to-day or week-to-week basis, where the rentals exceed a total of thirty (30) days in any calendar year. This shall not include the renting, leasing, or furnishing of accommodations upon a month-to-month tenancies or tenancies of a longer duration. Short-term residential business rentals is further defined as any property requiring the owner to obtain commercial business insurance and/or file a Schedule E tax form reporting rental income an...

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