S IJ B S T I T U T E () R I) I N A N C E
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF C HICAGO:
SECTION 1. Section 4-5-010 ofthe Municipal Code of Chicago is hereby amended by deleting the language stricken through and by inserting the language underscored, as follows:
4-5-010 Establishment of license fees.
(Omitted text is unaffected hy this ordinance)
(36) Short Term Residential Rental Intermediary (4-13)
if the intermediary has 1.000 or more short term residential rentals listed On its platform: $10,000.00 license fee, plus a $60.00 per unit fee for each short term residential rental listed on its platform;
ifthe intermediary has 500 to 999 short term residential rentals listed on its platform: $7.500.00 license fee, plus a $60.00 per unit fee for each short term residential rental listed on its platform; and
ifthe intermediary has 1 to 499 short term residential rentals listed on its platform: $5.000.00 license fee, plus a $60.00 per unit fee for each short term residential rental listed on its platform
(37) Short Term Residential Rental Advertising Platform (4-13)
$10,000.00. ifthe intermediary advertising platform has 1.000 or more short term residential rentals listed on its platforms $10.000.00 license fee;
or $5,000,000. ifthe intermediary advertising platform has 500 to 999 or fewer short term residential rentals listed on its platform: $7.500.00 license fee: and
ifthe advertising platform has 1 to 499 short term residential rentals listed on its platform: $5.000.00 license fee.
(Omitted text is unaffected hy this ordinance)
(42) Shared Housing Unit Registration (Chapter 4-14) . . $125.00
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SECTION 2. Section 4-6-180 ofthe Municipal Code of Chicago is hereby amended by inserting the language underscored, as follows:
4-6-180 Hotel.
Definitions. As used in this section:
(Omitted text is unaffected by this ordinance) "Licensee" has the meaning ascribed to that term in Section 4-4-005.
(Omitted text is unaffected by this ordi...
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