Lexington-Fayette Urban County Government - File #: 1162-22

• File #: 1162-22
• Version: 1
• Name: Request Council authorization for the Mayor to execute an agreement and accept award of federal funding from the Federal Emergency Management Agency (FEMA) in the amount of $215,304 from the Hazard Mitigation Grant Program and $34,448 from the state to ov
• Type: Ordinance
• Status: Approved
• File created: 11/7/2022
• In control: Urban County Council
• On agenda: 12/1/2022
• Final action: 12/1/2022
• Enactment date: 12/1/2022
• Enactment #: O-132-2022
• Title: An Ordinance amending Section 2-172 of the Code of Ordinances to include in the imposition of the transient room tax the rent of cabins, lodgings, campsites, similar accommodations, and any other place in which accommodations are regularly furnished to transients for consideration, or by any person that facilitates the rental of the accommodations; establishing that rentals supplied for a continuous period of thirty (30) days or more shall not be subject to the transient room tax; and defining "person" and "rent"; all effective on January 1, 2023. [Div. of Revenue, Holbrook]

Date	Ver.	Action By	Action	Result
12/1/2022	1	Urban County Council	Approved	Pass
11/17/2022	1	Urban County Council	Received First Reading
11/15/2022	1	Urban County Council Work Session	Approved and Referred to Docket	Pass

Title
An Ordinance amending Section 2-172 of the Code of Ordinances to include in the imposition of the transient room tax the rent of cabins, lodgings, campsites, similar accommodations, and any other place in which accommodations are regularly furnished to transients for consideration, or by any person that facilitates the rental of the accommodations; establishing that rentals supplied for a continuous period of thirty (30) days or more shall not be subject to the transient room tax; and defining "person" and "rent"; all effective on January 1, 2023. [Div. of Revenue, Holbrook]
Summary
Authorization to amend section 2-172 of the Code of Ordinances (related to the transient room tax) to 1) apply the transient room tax to every type of accommodation and platform; accommodations subject to the transient room tax; 2) require online platforms (like Airbnb and VRBO) to collect and remit transient room taxes on rent charged by the platform; 3) establish that rentals of a continuous period of thirty (30) days to a person are not subject to the transient room tax; and 4) to define certain terms relevant to the above changes, effect January 1, 2023. These changes will model the LFUCG Ordinance after state law. Any additional revenue would be distributed to VisitLex and the Convention Center. No Budgetary impact. (L1162-22) (Holbrook/Hensley)
Budgetary Implications [select]: NO
Advance Document Review:
Law: { Yes, Completed by Barberie/Thompson}
Risk Management: {Select Yes/No, Completed by [Official, Date]}
Fully Budgeted [select]: N/a
Account Number:
This Fiscal Year Impact: $
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance:
Body
BE IT ORDAINED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That Section 2-172 of the Lexington-Fayette Urban County Code of Ordinances be and hereby is amended to read as follows:
(a) Pursuant to KRS 91A.390, there is hereby imposed a transient room tax at the rate...