Minnesota SF262 increases the homestead exclusion for veterans with a disability and their spouses.

Minnesota SF262 amends the state's property tax laws to increase the homestead exclusion for veterans with a disability and their spouses. The bill raises the exclusion amount for veterans with a service-connected disability of 70 percent or more, and for veterans with a total and permanent disability. The exclusion applies to the veteran's primary family caregiver if the veteran does not own a homestead in Minnesota. The spouse of a veteran who dies due to a service-connected cause while serving honorably can also qualify for the exclusion.

Minnesota SF262 increases the homestead exclusion for veterans with a disability and their spouses.

Minnesota SF262 amends the state's property tax laws to increase the homestead exclusion for veterans with a disability and their spouses. The bill raises the exclusion amount for veterans with a service-connected disability of 70 percent or more, and for veterans with a total and permanent disability. The exclusion applies to the veteran's primary family caregiver if the veteran does not own a homestead in Minnesota. The spouse of a veteran who dies due to a service-connected cause while serving honorably can also qualify for the exclusion.