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Bill > HF3727
MN HF3727
MN HF3727Market value exclusion modified for veterans with a disability by increasing exclusion amount for totally and permanently disabled veterans.
summary
Introduced
02/25/2026
02/25/2026
In Committee
03/18/2026
03/18/2026
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to taxation; property; modifying the market value exclusion for veterans with a disability by increasing exclusion amount for totally and permanently disabled veterans; amending Minnesota Statutes 2024, section 273.13, subdivision 34.
AI Summary
This bill modifies the property tax exclusion for veterans with a disability in Minnesota by increasing the amount of market value that is excluded from taxation. Specifically, for veterans with a disability rating of 70% or more, the excluded market value will increase from $150,000 to $225,000, and for those with a total (100%) and permanent disability, the exclusion will rise from $300,000 to $450,000. These changes are intended to provide greater property tax relief to veterans who have served and sustained significant disabilities, with the new provisions taking effect for the 2027 assessment year.
Committee Categories
Budget and Finance, Military Affairs and Security
Sponsors (5)
Last Action
Committee report, to adopt as amended and re-refer to Taxes (on 03/18/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/94/2026/0/HF/3727/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/3727/versions/1/pdf/ |
| BillText | https://www.revisor.mn.gov/bills/94/2026/0/HF/3727/versions/0/pdf/ |
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