2005 Senate Bill 340

Tax exemption for part of home rented out

Introduced in the Senate

March 23, 2005

Introduced by Sen. Patricia Birkholz (R-24)

To allow a homeowner to include the portion of the property leased out as an auxiliary dwelling under their principle residence (homestead) property exemption. Under current law, the rented-out portion of the property is subject to higher non-homestead property taxes.

Referred to the Committee on Commerce and Labor