MN HF3691

Excludes $150,000 of market value from property taxes for veterans with a service-connected disability of 70 percent or more, and $300,000 for veterans with total (100 percent) and permanent disability.

Extends the exclusion to surviving spouses of disabled veterans for eight additional tax years after the veteran's death if the spouse holds title and permanently resides in the homestead, unless the spouse remarries or sells the property.

Allows surviving spouses of service members who died from service-connected causes to claim the $300,000 exclusion for eight tax years or until remarriage or property disposal.

Enables disabled veterans who do not own Minnesota homestead property to transfer the exclusion benefit to their primary family caregiver's homestead.

Becomes effective for taxes payable beginning in 2019, with special provisions allowing surviving spouses to apply within two years of a veteran's death or by June 1, 2019, whichever is later.