Regulates short-term residential rentals

This bill establishes a new regulatory framework for short-term residential rentals, requiring hosts to register their properties and maintain specific safety standards such as posted evacuation diagrams and fire extinguishers. It mandates that hosts keep detailed records of guest stays for two years and submit annual reports to the state, while also requiring booking platforms to share similar data to facilitate enforcement. The legislation creates a system where booking services must verify that a rental unit is properly registered before charging fees, and it allows municipalities with existing registries to continue managing their own systems for local compliance. Additionally, the bill clarifies that these rules apply to all short-term rentals in the state, with specific provisions for large cities to maintain their own registration processes.