Bill 127, Stronger, Healthier Ontario Act, 2017 provided municipalities with the authority to levy a transient accommodation tax. On September 27, 2021, Council passed By-Law 2021-83, which imposed a transient Municipal Accommodation Tax effective January 1, 2022. The Municipal Accommodation Tax (MAT) is set at a rate of 4% and requires the municipality to provide half of the net MAT revenue to the Tobermory Chamber of Commerce to support local tourism. In 2021, the Municipality implemented a Short-Term Accommodation (STA) By-law to regulate and license short-term rental properties within the municipality. Highlights of the proposed by-law changes include: Expanded definition of accommodation to clearly identify specific areas of activity that are subject to MAT, MAT Remittance Schedule, Delegation of Authority to the Treasurer to implement and administer this by-law, Further clarification on exemptions to the MAT, Identifying specific interest charges for MAT due and unpaid, Expanded delegated authority of the Treasurer function for audits and inspections, and Providing authority for the Treasurer to take the necessary steps for collections related to MAT and related penalties and interest that are past due. A full report is attached to the right of the screen or at the link below: https://letstalknbp.ca/34333/widgets/149772/documents/102212 Please provide your comments.