Bill > HF903

This bill modifies the market value exclusion for veterans with a disability in Minnesota. It increases the exclusion from $300,000 to 100% of the market value for veterans with a total (100%) and permanent disability. The bill also allows the exclusion to carry over to the surviving spouse of a veteran with a disability until the spouse remarries or sells the property. Additionally, it allows the exclusion to apply to the homestead of a primary family caregiver of a veteran with a disability if the veteran does not own a homestead in Minnesota. The provisions in this bill are effective for assessment year 2023 and thereafter.