HF146 (False House Legislative Session 94 (2025-2026))

Property tax exclusion amount increased for homesteads of veterans with a disability.

Related bill: SF262

AI Generated Summary

The legislative bill HF No. 146 aims to increase the property tax exclusion for disabled veterans in Minnesota. Under this bill:

  1. Disabled veterans with a service-connected disability of 70% or more can exclude a larger amount of their home’s market value from property taxes. The exclusion increases from $150,000 to $200,000.

  2. Veterans who are 100% permanently disabled from service can exclude an increased amount from $300,000 to $400,000.

  3. If a veteran who qualifies for these exclusions passes away, their surviving spouse can continue to benefit from the exclusion as long as they don't remarry or sell the property.

  4. Spouses of military service members who die from service-connected causes while on active duty are also entitled to similar benefits.

  5. If a veteran doesn’t own a home, the primary family caregiver’s home may qualify for the exclusion.

  6. The bill requires veterans to apply for these exclusions by December 31 of the first assessment year, and notify the assessor if there are any changes in property ownership or usage. The bill also extends the time for spouses to apply for the exclusion after the death of a service member.

This bill aims to provide financial relief to veterans with disabilities and their families by reducing the property tax burden on their homes.

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