summary
Introduced
02/14/2019
02/14/2019
In Committee
02/14/2019
02/14/2019
Crossed Over
Passed
Dead
05/17/2020
05/17/2020
Introduced Session
91st Legislature 2019-2020
Bill Summary
Disabled veterans homestead valuation exclusion increase
AI Summary
This bill proposes to increase the disabled veterans homestead valuation exclusion in Minnesota. Specifically, it increases the market value exclusion from $150,000 to $165,000 for veterans with a service-connected disability of 70% or more, and from $300,000 to $330,000 for those with a total (100%) and permanent disability. The bill also extends certain benefits to the surviving spouses of deceased veterans and expands eligibility to the primary family caregivers of disabled veterans. The changes are effective for taxes payable in 2020.
Committee Categories
Military Affairs and Security
Sponsors (5)
Last Action
Referred to Veterans and Military Affairs Finance and Policy (on 02/14/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1274&ssn=0&y=2019 | 02/14/2019 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1274&version=0&session=ls91&session_year=2019&session_number=0&format=pdf | 02/14/2019 |
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