Rockport Adopts Community Impact Fee

At its annual town meeting last Saturday, Rockport voted to adopt two articles that will impose a 3% Community Impact Fee on short term rentals. 3% is the maximum percentage that can be implemented.

A Community Impact Fee is a tax applied to short term rentals (less than 31 days). Within Rockport the tax will apply to rentals that are either:

• “Professionally managed” (defined as 2 or more units in non-primary residences)
• Located within a two-family or three family primary residence

When a Community Impact Fee is adopted, at least thirty-five percent of the collected money must be dedicated to either affordable housing or local infrastructure projects.

You can find more information on what was passed during the Rockport Town Meeting here.