HF1297 (Legislative Session 94 (2025-2026))
Property taxes; market value exclusion increased for veterans with a disability.
Related bill: SF772
AI Generated Summary
This bill seeks to amend Minnesota Statutes 2024, section 273.13, subdivision 34, to increase the property tax market value exclusion for veterans with a disability.
Key Changes:
Increased Market Value Exclusions:
- For veterans with a service-connected disability rating of 70% or more, the exclusion increases from $150,000 to $250,000.
- For veterans with a 100% total and permanent disability, the exclusion increases from $300,000 to $500,000.
Surviving Spouse Benefits:
- If a qualifying veteran dies, their surviving spouse can continue receiving the exclusion until they remarry or sell/transfer the property.
- If a service member dies in active duty due to a service-connected cause, their spouse qualifies for the 100% disability exclusion.
Primary Family Caregiver Eligibility:
- If a veteran meets the disability requirements but does not own a homestead, their primary family caregiver’s home may qualify for the exclusion.
Eligibility for Agricultural Homesteads:
- Only the house, garage, and one acre of land will qualify for the exclusion.
Application and Certification:
- Veterans, spouses, or caregivers must apply by December 31 of the first assessment year.
- The county veterans service officer must certify veterans' disability ratings and permanent addresses by July 1.
Continuation of Exclusion for Surviving Spouses:
- If a surviving spouse moves to a new property, they may continue receiving the exclusion as long as the new property’s value does not exceed the original property's value at the time of sale.
Reapplication for Previous Beneficiaries:
- Spouses who previously received this exclusion but lost eligibility before taxes payable in 2020 can reapply to regain the exclusion.
Purpose:
The bill aims to lessen the financial burden on disabled veterans, their family caregivers, and surviving spouses by providing greater property tax relief.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 19, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
| March 09, 2025 | House | Floor | Action | Author added |
Citations
[
{
"analysis": {
"added": [
"Increases the market value exclusion from $150,000 to $250,000 for veterans with a 70% disability rating and from $300,000 to $500,000 for total and permanent disability."
],
"removed": [
"No major removals noted."
],
"summary": "This bill modifies the market value exclusion for veterans with disabilities under Minnesota Statutes section 273.13, subdivision 34.",
"modified": [
"Adjusts the criteria and qualifications for surviving spouses to continue benefit eligibility, including stipulations related to remarriage and property sales."
]
},
"citation": "273.13, subdivision 34"
},
{
"analysis": {
"added": [
"Clarifies references to active service for applicability of benefits."
],
"removed": [
"No major removals noted."
],
"summary": "Defines 'active service' as referred to in the bill.",
"modified": [
"Provides context for understanding eligibility based on service status."
]
},
"citation": "190.05"
},
{
"analysis": {
"added": [
"Clarifies who qualifies as a veteran for the purposes of the exclusion."
],
"removed": [
"No major removals noted."
],
"summary": "Defines 'veteran' as referred to in the bill.",
"modified": [
"Specifies the necessary conditions to be considered a veteran under pertinent laws."
]
},
"citation": "197.447"
},
{
"analysis": {
"added": [
"Identifies the qualifications for primary family caregivers in context to benefit applicability."
],
"removed": [
"No major removals noted."
],
"summary": "References the federal law defining 'primary family caregiver'.",
"modified": [
"Aligns state law references with federal caregiver eligibility criteria."
]
},
"citation": "United States Code title 38, section 1720G"
}
]