Increases property tax exclusion for veterans with disabilities in Minnesota.

Minnesota HF684 amends the property tax law to increase the market value exclusion for veterans with disabilities. For veterans with a disability rating of 70 percent or more, the exclusion increases from $150,000 to $165,000. For veterans with a total and permanent disability, the exclusion increases from $300,000 to $330,000. The bill also extends the exclusion to the spouse of a veteran who died due to a service-connected cause while serving honorably in active service, provided the spouse holds the legal or beneficial title to the homestead and permanently resides there.

Increases property tax exclusion for veterans with disabilities in Minnesota.

Minnesota HF684 amends the property tax law to increase the market value exclusion for veterans with disabilities. For veterans with a disability rating of 70 percent or more, the exclusion increases from $150,000 to $165,000. For veterans with a total and permanent disability, the exclusion increases from $300,000 to $330,000. The bill also extends the exclusion to the spouse of a veteran who died due to a service-connected cause while serving honorably in active service, provided the spouse holds the legal or beneficial title to the homestead and permanently resides there.