summary
Introduced
03/01/2021
03/01/2021
In Committee
03/01/2021
03/01/2021
Crossed Over
Passed
Dead
05/23/2022
05/23/2022
Introduced Session
92nd Legislature 2021-2022
Bill Summary
A bill for an act relating to taxation; property; modifying the disabled veterans homestead market value exclusion; amending Minnesota Statutes 2020, section 273.13, subdivision 34.
AI Summary
This bill modifies the disabled veteran homestead market value exclusion in Minnesota. It increases the market value exclusion from $150,000 to $300,000 for veterans with a 100% and permanent disability. It also allows married couples where both spouses individually qualify for the exclusion to receive a combined exclusion up to the maximum amount, as long as they both permanently reside at the property and hold legal or beneficial title to it. The bill aims to provide additional property tax relief for veterans with service-connected disabilities and their surviving spouses.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred by Chair to Property Tax Division (on 03/01/2021)
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=House&f=HF1741&ssn=0&y=2021 | 03/02/2021 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=HF1741&version=0&session=ls92&session_year=2021&session_number=0&format=pdf | 03/02/2021 |
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