Earlier this year, we began collecting tourist taxes from guests on behalf of our hosts in Portland, Oregon and San Francisco, California.
This week, we wanted to share that we are also working together to collect and remit these taxes in Chicago, Illinois. Over the past few months, we have been meeting with city and state policymakers to discuss this program. On Monday, the Chicago City Council Finance Committee approved an ordinance to make it possible for home sharing platforms to collect and remit taxes on behalf of hosts and guests in the city. The ordinance will move to the full Chicago City Council later this month and we look forward to supporting this proposal and continuing to work together with local leaders in the months ahead.
We know our community already has contributed substantial positive economic benefits in Chicago, and this is another way to continue to make the city even stronger.