A new bill has passed the Arizona Legislature giving municipalities authority to issue licenses and permits to short-term rentals.
Senate Bill 1168, which passed the Arizona Senate and House of Representatives on June 24, is supported by both the short-term rental industry and local cities.
The bill is now in the hands of Gov. Doug Ducey to sign. According to officials at the Town of Paradise Valley, where short-term rentals are numerous, SB1168 grants cities and towns the authority to issue short-term rental licenses or permits, and within guidelines, allows suspension of those permits for up to a year.
