Minnesota HF1756 modifies property tax exclusions for veterans with disabilities and their surviving spouses, increasing exclusion amounts annually.

Minnesota HF1756 amends property tax laws to provide increased market value exclusions for veterans with disabilities and their surviving spouses. The bill modifies the exclusion amounts, setting a base of $200,000 for assessment year 2026 and adjusting it annually based on inflation. For veterans with a disability rating of 70% or more, $150,000 of the property's market value is excluded, while those with a total and permanent disability see $300,000 excluded.

Minnesota HF1756 modifies property tax exclusions for veterans with disabilities and their surviving spouses, increasing exclusion amounts annually.

Minnesota HF1756 amends property tax laws to provide increased market value exclusions for veterans with disabilities and their surviving spouses. The bill modifies the exclusion amounts, setting a base of $200,000 for assessment year 2026 and adjusting it annually based on inflation. For veterans with a disability rating of 70% or more, $150,000 of the property's market value is excluded, while those with a total and permanent disability see $300,000 excluded.