Airbnb hosts and other people renting homes on platforms like HomeAway and VRBO will have to pay a 4 percent tax in the future.
On Tuesday, the judge denied a motion seeking to temporary block the regulations the Chicago City Council voted to approve last June.
With that, Bill McCaffrey of the city’s law department tells the Chicago Tribune the city will begin “taking steps to enforce all aspects of its home-sharing ordinance.”
The ordinance was sparked by concerns that short-term rental companies were turning residential buildings into virtual hotels and party hotspots. It puts a limit on the number of units in a building that can be rented out on the home-sharing sites and calls for an extra tax on home-sharing hosts.
Photo credit: Airbnb host Laura Schofield rents a room in her home in Chicago's Humboldt Park neighborhood. New city laws regulating short-term rentals will require her and other Airbnb hosts to pay a higher tax. Charles Rex Arbogast / Associated Press