Assistant House Majority Leader Frank Moe says people who rent out their lakefront homes may be hurting the state’s resort industry.
The Bemidji DFLer has authored a bill ordering the state’s tourism agency to study whether the increased competition is hurting resorts. It’s now awaiting Governor Tim Pawlenty’s signature.
Moe says he knows it is happening but wants to know the extent of the phenomenon and whether there are any laws being broken.
He says the issue is the resort’s top legislative priority for the current Legislative session.
The state’s resort industry is struggling as lakefront property values soar but the market restricts what they can charge for cabin rentals.
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Information from: Pioneer, http://www.bemidjipioneer.com
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