Bill > HF64

This bill increases the disabled veteran homestead valuation exclusion in Minnesota. Specifically, it raises the maximum exclusion from $150,000 to $165,000 for veterans with a 70% or greater service-connected disability, and from $300,000 to $330,000 for veterans with a total (100%) and permanent disability. The bill also extends certain benefits to the surviving spouses of veterans who died due to a service-connected cause, and allows the homestead of a veteran's primary family caregiver to qualify for the exclusion if the veteran does not own property classified as homestead in Minnesota. The changes are effective beginning with taxes payable in 2020.