Illinois Municipal League 103rd Annual Conference Sharing with Care: Regulations for Responsible Short-Term Rentals September 22, 2016 at 4:00 p.m. Stevens Salon A-4 David S. Silverman: dsilverman@ancelglink.com Daniel J. Bolin: dbolin@ancelglink.com

Sharing with Care What are Short-Term Rentals? Challenges with Short-Term Rentals Short-Term Rental Regulations What’s Next? Questions

What are Short-Term Rentals? Sharing Economy What are Short-Term Rentals?

What are Short-Term Rentals? Sharing Economy Today What are Short-Term Rentals?

What are Short-Term Rentals? Sharing Economy Today What are Short-Term Rentals?

What are Short-Term Rentals?

Short-Term Rentals Today What are Short-Term Rentals?

Challenges with Short-Term Rentals Quality of Life Noise Parking Traffic Garbage Challenges with Short-Term Rentals

Challenges with Short-Term Rentals Safety Challenges with Short-Term Rentals

Planning

Challenges with Short-Term Rentals

Challenges with Short-Term Rentals Fair Housing Challenges with Short-Term Rentals

Challenges with Short-Term Rentals Affordable Housing Challenges with Short-Term Rentals

Challenges with Short-Term Rentals Industry Disruption Challenges with Short-Term Rentals

Can Municipalities Regulate Short-Term Rentals? Regulations for Short-Term Rentals

When Should Municipalities Consider Short-Term Rental Regulations? Regulations for Short-Term Rentals

Regulations for Short-Term Rentals What Should Municipalities Consider When Regulating Short-Term Rentals? What do you have? What do you want? How do you get it? Regulations for Short-Term Rentals

How Do Municipalities Regulate Short-Term Rentals? Goal Regulation Find the STRs Make it Easy to Get a Permit Prohibit Advertising without Permit Quality of Life Trash & Parking Facilities Noise Limits Outdoor Curfew Require 24/7 Host/Renter Contact for STR Frequency Limits (Rentals per Year) Duration Limits (Days per Rental) Exterior Sign Limits Safety Reasonable Inspection Requirements Bedroom Limits Occupancy Limits (Day/Night) Insurance Regulations for Short-Term Rentals

How Do Municipalities Regulate Short-Term Rentals? Goal Regulation Planning Limit Number of STRs per Area Dispersal Requirements Taxes Require Hosting Platform to Collect Taxes Direct Staff to Monitor Compliance Fair Housing Require STR to acknowledge it is a Public Accommodation Prohibit Discrimination in STR Rentals Affordable Housing Limit STRs to Permanent Residents No STRs in Long-Term Rental Housing Economic Development Encourage STRs in Areas Underserved by Hotels Regulations for Short-Term Rentals

What Municipalities Regulate Short-Term Rentals? Regulations for Short-Term Rentals

Private Regulations for Short-Term Rentals

Regulations for Short-Term Rentals ENFORCEMENT Regulations for Short-Term Rentals

What’s Next?

Questions? David S. Silverman dsilverman@ancelglink.com Daniel J. Bolin dbolin@ancelglink.com (P) 312.782.7606 Materials available at www.ancelglink.com/resource Questions?