Introduced
by
To establish what portion of an owner-occupied home that is also used as a bed and breakfast qualifies for the homestead property tax exemption. Essentially, the parts of the home that are used as B&B guest rooms would not qualify for this principal residence exemption for the days they are rented out, and everything else would qualify.
Referred to the Committee on Tax Policy
Reported without amendment
With the recommendation that the substitute (H-1) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that further clarifies the formula of what parts of the home would and would not qualify for the principle residence tax exemption by differentiating on the basis of whether the B&B use is year-round or just for part of the year.
The substitute passed by voice vote
Passed in the House 107 to 1 (details)
Referred to the Committee on Finance
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
To establish what portion of an owner-occupied home that is also used as a bed and breakfast qualifies for the homestead property tax exemption. Essentially, the parts of the home that are used as B&B guest rooms would not qualify for this principal residence exemption for the days they are rented out, and everything else would qualify.
