San Francisco supervisor proposes Airbnb law

SAN FRANCISCO (KGO) -- This afternoon San Francisco supervisor David Chiu will propose legislation to lift a ban on short-term rentals through websites likes Airbnb.

Chiu's proposal would impose a number of rules on people who want to offer apartments or rooms as vacation rentals.

The law would require anyone renting out their place to pay hotel taxes and hold liability insurance. But, it would only allow short-term rentals in apartments where someone lives 75 percent of the year.

It would not override lease agreements.