The Michigan Short-Term Rental Association (MiSTRA) is actively opposing House Bill 5438, a piece of legislation that could have significant adverse effects on our industry.
Why You Should Care:
- Increased Taxes: HB 5438 introduces a new 6% excise tax on top of existing taxes, potentially tripling tax burdens for many operators.
- Regulatory Concerns: The bill lacks a clear operational framework for short-term rentals, which could lead to costly and confusing implementations.
- Impact on Local Communities: The redirection of tax revenues away from local communities means fewer benefits from the tourism we support.
Your Voice Matters: Even if you’re not a member of MiSTRA, your voice is crucial. Contact your local state representatives to express your opposition to HB 5438. Let them know how this bill could impact you and your community. Not sure who your rep is? Look it up HERE.
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Thank you for standing with us to support fair and sensible short-term rental regulations in Michigan.