Minnesota HF631 modifies the market value exclusion for veterans with disabilities and their families.

Minnesota HF631 amends the market value exclusion for veterans with disabilities and their families. The bill modifies the criteria for veterans and their spouses to qualify for a homestead property tax exclusion. It specifies that a veteran with a service-connected disability of 70 percent or more, or a total and permanent disability, qualifies for the exclusion. The spouse of a deceased veteran can also qualify if they held the title to the homestead and permanently resided there.

Minnesota HF631 modifies the market value exclusion for veterans with disabilities and their families.

Minnesota HF631 amends the market value exclusion for veterans with disabilities and their families. The bill modifies the criteria for veterans and their spouses to qualify for a homestead property tax exclusion. It specifies that a veteran with a service-connected disability of 70 percent or more, or a total and permanent disability, qualifies for the exclusion. The spouse of a deceased veteran can also qualify if they held the title to the homestead and permanently resided there.