ALBANY — Supporters of home-sharing platform Airbnb are expected to rally at the Capitol on Tuesday in an effort to shore up support for a bill allowing short-term rentals in New York City.

Lawmakers and advocates for Airbnb are slated to hold a rally Tuesday to push for legislation amending the state's multiple dwelling and tax laws to allow short-term rentals in New York City. Under the multiple dwelling law, short-term rentals for fewer than 30 days without the homeowner present are prohibited in New York City, meaning that Airbnb rentals for less than 30 days are largely illegal there.

The bill—sponsored by Assemblyman Joe Lentol, D-Brooklyn, and state Sen. John Bonacic, R-Mount Hope—seeks to amend the law to “legalize responsible home sharing in New York,” according to the bill memo. The proposal would also ban short-term rental hosts from having more than one listing on any home-sharing platform within New York City, and ban short-term rentals in public housing, such as the New York City Housing Authority, and in rent-stabilized homes.

The legislation also would authorize online home-sharing platforms to collect and remit occupancy taxes from guests on behalf of hosts. Airbnb estimates that the “tourist taxes” should generate $100 million from the platform in the first year.

In a statement, Bonacic called the proposal “common-sense legislation” that would put “protections in place to ensure that these New Yorkers who rely on home sharing can continue to benefit, while also generating millions of tax dollars for our state—a win-win for all of us.”

“Technology is revolutionizing our world and we owe it to our fellow New Yorkers to get on board,” Bonacic added.

The hotel industry in New York has been adamantly opposed to Airbnb, a competitor, since the platform began operating. Airbnb opponents and the Hotel Trades Council have pushed legislation requiring that anyone advertising their apartments on the website should disclose their address to law enforcement.