Proposed “Thriving Communities and Sharing Economy Act”

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State Senators McGuire and Leno have proposed the Thriving Communities and Sharing Economy Act (SB 593), which would empower cities like San Francisco to assert even greater control over their residential rental housing inventory. The proposed bill would “prohibit an operator of a hosting platform from facilitating the rental of a residential unit offered for occupancy for tourist or transient use, if such a use of that residential unit, or the offering of that residential unit for such a use, is prohibited by an ordinance of the city, county, or city and county in which that residential unit is located”.