Minnesota HF3727 increases the market value exclusion for totally and permanently disabled veterans.

Minnesota HF3727 modifies the market value exclusion for veterans with a disability by increasing the exclusion amount for totally and permanently disabled veterans. The bill amends Minnesota Statutes to increase the exclusion amount from $300,000 to $400,000 for veterans with a total and permanent disability. It also allows surviving spouses of service-connected disabled veterans to continue receiving the exclusion until they remarry or sell the property. The changes apply to assessments starting in 2026.

Minnesota HF3727 increases the market value exclusion for totally and permanently disabled veterans.

Minnesota HF3727 modifies the market value exclusion for veterans with a disability by increasing the exclusion amount for totally and permanently disabled veterans. The bill amends Minnesota Statutes to increase the exclusion amount from $300,000 to $400,000 for veterans with a total and permanent disability. It also allows surviving spouses of service-connected disabled veterans to continue receiving the exclusion until they remarry or sell the property. The changes apply to assessments starting in 2026.