Minnesota SF772 increases the market value exclusion for veterans with disabilities and their caregivers.

Minnesota SF772 amends the state's property tax laws to increase the market value exclusion for veterans with disabilities and their primary family caregivers. The bill raises the exclusion for veterans with a disability rating of 70 percent or more from $150,000 to $250,000 and for those with a total and permanent disability from $300,000 to $500,000. It also extends the exclusion to the spouse of a veteran who died due to a service-connected cause while serving honorably in active service.

Minnesota SF772 increases the market value exclusion for veterans with disabilities and their caregivers.

Minnesota SF772 amends the state's property tax laws to increase the market value exclusion for veterans with disabilities and their primary family caregivers. The bill raises the exclusion for veterans with a disability rating of 70 percent or more from $150,000 to $250,000 and for those with a total and permanent disability from $300,000 to $500,000. It also extends the exclusion to the spouse of a veteran who died due to a service-connected cause while serving honorably in active service.