SD SB154

Amends § 10-13-39 to explicitly include all garages and ancillary structures related to residential use, along with the parcels of land they sit on, within the owner-occupied single-family dwelling tax classification

Owner-occupied dwellings eligible for the classification include houses, condominiums, residential units of four or fewer families, townhouses, housing cooperatives limited to stockholder occupants, and manufactured or mobile homes

Limits each person to one dwelling classified as owner-occupied, which must be their principal place of residence; if owner occupies 50% or more of living space, the entire dwelling qualifies

Contractors building single-family homes for sale may have a maximum of four dwellings classified as owner-occupied for no more than two consecutive years per dwelling