Levied; amount.
Richmond, Va., City Code § 26-1257
in effectSec. 26-1257. - Levied; amount.
(a) Pursuant to Code of Virginia, § 58.1-3510.6(A), there is hereby levied on the gross proceeds arising from rentals of any person engaged in the short-term rental business as defined in Code of Virginia, § 58.1-3510.4(B)(1) a tax of one percent.
(b) Pursuant to Code of Virginia, § 58.1-3510.6(B), there is hereby levied on the gross proceeds arising from rentals of any person engaged in the short-term rental business as defined in Code of Virginia, § 58.1-3510.4(B)(2) a tax of 1½ percent.
(c) The tax levied pursuant to Subsections (a) and (b) of this section shall be in addition to the tax levied pursuant to Code of Virginia, § 58.1-605. The imposition and collection of a short-term rental property tax pursuant to this section with respect to rental property shall be in lieu of taxation of such rental property as tangible personal property in the same tax year.
(Code 1993, § 27-500(a); Code 2004, § 98-1002; Code 2015, § 26-1272; Code 2020, § 26-1257; Ord. No. 2010-36-42, § 1, 2-22-2010)
Source: City of Richmond, Virginia, Code (2026 recodification) and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/va/richmond/codes/code_of_ordinances?nodeId=PTIICICO_CH26TA_ARTXVIISHRMRETA_S26-1257LEAMFetched: 11/8/2026