MN HF1096

Extends the disabled veterans homestead property tax exclusion to surviving spouses of veterans with a 70 percent or higher disability rating, allowing them to retain the $150,000 or $300,000 market value exclusion after the veteran's death.

Eliminates the eight-year time limit on the spousal benefit, allowing surviving spouses to keep the exclusion indefinitely or until they remarry, sell, or transfer the property.

Surviving spouses of veterans who died with a 70 percent or higher disability rating must hold legal or beneficial title to the homestead and permanently reside there to qualify.

The provision for spouses of veterans dying after June 30, 2017 is effective immediately, while other provisions are effective for taxes payable in 2018.

Maintains existing requirements that qualifying surviving spouses must apply annually and that the property cannot be claimed under other homestead exclusions simultaneously.