This legislative bill aims to revise how "income" is defined for the purpose of property tax refunds in Minnesota. Specifically, it will exclude veterans' educational benefits from being counted as household income. By amending Minnesota Statutes 2024, section 290A.03, subdivision 3, the bill seeks to ensure that when calculating eligibility and refund amounts for property tax, veterans' educational benefits are not treated as income. This change could potentially increase the tax refund amount available to eligible veterans or reduce their taxable income, hence lowering their property tax liability. The bill has been referred to the Committee on Taxes for further consideration.