MN HF3959

Increases the property tax exclusion for veterans with a service-connected disability of 70 percent or more from $150,000 to $200,000 of market value.

Increases the property tax exclusion for veterans with a total (100 percent) and permanent disability from $300,000 to $400,000 of market value.

Maintains existing provisions allowing exclusions to carry over to surviving spouses and primary family caregivers of qualifying veterans.

Makes the increased exclusion amounts effective beginning with assessment year 2023.