Goldwater Institute a partner in suit against Chicago over Airbnb, home-sharing rules

screen-shot-2016-11-15-at-3-33-17-pmBy Mike Sunnucks | Phoenix Business Journal

The Phoenix-based Goldwater Institute and Chicago-based Liberty Justice Center have sued the city of Chicago over its new home-sharing rules aimed at Airbnb and similar companies.

An ordinance approved by Chicago Mayor Rahm Emanuel and the Chicago City Council in June and slated to go into effect before Christmas imposes some licensing rules on home-sharing companies and those renting out their properties to short-term tenants.

It also puts in place a city home-sharing booking tax which is expected to generate $2 million per year.

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