MN HF147

Extends property tax market value exclusion to surviving spouses of veterans with 100% permanent disability rated by the U.S. Department of Veterans Affairs for the current tax year plus 8 additional years, or until remarriage or property sale.

Provides $300,000 market value exclusion for surviving spouses of service members who died from service-connected causes while on active duty, for 8 tax years or until remarriage or property sale.

Requires surviving spouse to hold legal or beneficial title to the homestead and permanently reside there, with first-time application deadline of two years after service member's death.

Extends $150,000 exclusion (or $300,000 for total permanent disability) to primary family caregivers of disabled veterans who do not own Minnesota homestead property.

Effective beginning with taxes payable in 2016.