Senate Counsel, Research
and Fiscal Analysis
Minnesota Senate Bldg.
95 University Avenue W. Suite 3300
St. Paul, MN 55155
(651) 296-4791
Tom Bottern
Director
   Senate   
State of Minnesota
 
 
 
 
 
S.F. No. 3205 - Modifying Requirements for Bed & Breakfast Property Tax Classification
 
Author: Senator Mark W. Koran
 
Prepared By: Eric S. Silvia, Senate Counsel (651/296-1771)
 
Date: March 19, 2018



 

SF 3205 modifies the requirements for the bed and breakfast property tax classification by allowing the owner to reside within two miles of the B&B property.

Under current law, a portion of the B&B property must be used by the owner for homestead purposes. The B&B classification is limited to five rental units, with the remaining units classified as commercial property. That portion of the property used for homestead purposes is classified as residential homestead.

Effective beginning with assessment year 2019.   

 
Check on the status of this bill
 
Back to Senate Counsel and Research Bill Summaries page
 

 
This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
 
Last review or update: 03/19/2018
 
If you see any errors on this page, please e-mail us at webmaster@senate.mn