MN SF3141

Extends the homestead property tax valuation exclusion for surviving spouses of disabled veterans with 100 percent service-connected disabilities beyond the current one assessment year limit.

Removes the time restriction ("for one additional assessment year") from paragraph (c), allowing the surviving spouse to retain the $300,000 market value exclusion indefinitely until the property is sold, transferred, or otherwise disposed of.

Applies retroactively to surviving spouses of any disabled veteran who was eligible for the program at the time of the veteran's death.

Effective for taxes payable in 2011 and thereafter for Minnesota property tax purposes.