HB 188 Tourism Bill -5% Excise Tax on Short Term Rentals

This act expands the scope of Delaware's public accomodations lodging tax to include temporary and seasonal rentals for less than 5 month. It also provides for reduction in the amount of the lodging tax imposed to take into consideration any existing tax imposed by a county or municipality as of the effective date of the Act's provisions. Finally, the act requires owners of rental unit to annually obtain a Rental Unit License from the Department of Finance at a cost $50.00.
Just that you know, REALTORS of Sussex County strongly oppose the proposed 5% excise tax.