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MN HF910
Bill
Status
2/9/2017
Primary Sponsor
Debra Hilstrom
Click for details
AI Summary
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Extends disabled veterans homestead property tax credit to veterans with 100 percent temporary disability rating, previously limited to 70 percent or more permanent disabilities.
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Increases maximum excluded property value from $300,000 to $400,000 for veterans with total (100 percent) and permanent disability ratings.
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Sets maximum excluded property value at $400,000 for veterans with 100 percent temporary disability ratings.
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Maintains $150,000 maximum exclusion for veterans with 70 percent to 99 percent disability ratings.
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Effective for taxes payable beginning in 2018.
Legislative Description
Disabled veterans homestead credit maximum exclusion amount extended to veterans with a 100 percent temporary disability rating, and maximum excluded amount increased to $400,000.
Last Action
Referred by Chair to Property Tax and Local Government Finance Division
2/23/2017