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MN SF772

Bill

Official Source

Status

Introduced

1/26/2023

Primary Sponsor

Nicole Mitchell

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Increases market value exclusion for disabled veterans with 70 percent or more service-connected disability from $150,000 to $165,000
  • Increases market value exclusion for veterans with total (100 percent) permanent disability from $300,000 to $330,000
  • Applies exclusion to veteran's primary family caregiver's homestead if the veteran meets disability criteria but does not own Minnesota homestead property
  • Effective for property taxes payable in 2024

Legislative Description

Property tax market value exclusion for disabled veterans increase

Last Action

Referred to Taxes

1/26/2023

Committee Referrals

Taxes1/26/2023

Full Bill Text

No bill text available