Thursday, 21 March 2024 14:29

Chamber President: Short-Term Rental Proposal Will Change Dramatically

Chamber President: Short-Term Rental Proposal Will Change Dramatically

SARATOGA SPRINGS — Saratoga County Chamber of Commerce President Todd Shimkus told attendees of an Industry Influencers event on Wednesday morning that Accounts Commissioner Dillon Moran’s proposed short-term rental regulations, which have been the source of controversy, will be “dramatically changed.”

“The fee is coming way down,” Shimkus said, referring to the $1,000 biennial registration fee. “The rules are going to be different for folks that rent for three weeks over the summer or a couple days versus somebody that is an absentee landlord investing from outside the area.”

Shimkus said he had spoken to Moran on “multiple occasions” about the proposed regulations. “The impact that it likely has going forward is going to be, I think, dramatically different from what the original proposal was looking at,” Shimkus said. 

In response to Shimkus’ remarks, the Saratoga Springs Rental Rights Alliance, an advocacy group formed in opposition to the proposed regulations, said via spokesperson Anna Smith that “though Moran has hinted at substantial revisions in the upcoming draft, we eagerly anticipate reviewing the new proposal and remain eager to voice any additional concerns.” 

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