
By Tom Bergeron, June 20, 2017 at 7:48 AM
A bill that would standardize taxes paid by those staying in short-term residential accommodations such as Airbnb was approved by the state Senate Monday and is heading to Gov. Chris Christie’s desk.
If signed, the legislation would provide more than $6 million in tax revenue for municipalities and the state of the New Jersey, supporters said.
A similar measure, put in place by Jersey City two years, generated approximately $1 million in revenue for Jersey City in 2016.