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MN SF3689

Bill

Status

Introduced

3/21/2018

Primary Sponsor

Jerry Newton

Click for details

Origin

Senate

90th Legislature 2017-2018

AI Summary

S.F. No. 3689 Summary

  • Changes the disabled veterans homestead exclusion application due date from July 1 to November 1 of the first assessment year for which the exclusion is sought.

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

  • Allows surviving spouses of disabled veterans who died after December 31, 2011, to apply for the exclusion within two years of death or by June 1, 2019, whichever is later, if the veteran met eligibility criteria.

  • Permits veterans with a 70 percent or more disability rating received in 2016 or 2017 who did not receive the exclusion for those assessment years to apply for a refund of taxes paid in 2017 or 2018 by November 1, 2018.

  • County treasurers must issue refunds equal to the difference between taxes initially calculated and taxes based on the exclusion value, prorated from the date the property first qualified for the exclusion.

Legislative Description

Disabled veterans homestead exclusion application due date modification

Last Action

Referred to Taxes

3/21/2018

Committee Referrals

Taxes3/21/2018

Full Bill Text

No bill text available