Loading chat...

MN SF944

Bill

Status

Introduced

1/30/2023

Primary Sponsor

Eric Lucero

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

SF 944 Summary

  • Changes property tax exclusion for veterans with 100 percent permanent disability from a fixed $300,000 amount to 100 percent of the home's market value.

  • Maintains the $150,000 exclusion for veterans with 70-99 percent service-connected disability ratings certified by the U.S. Department of Veterans Affairs.

  • Requires veterans to be honorably discharged and to apply by December 31 of the first assessment year seeking the exclusion.

  • Extends exclusion benefits to surviving spouses and primary family caregivers of eligible veterans under specified conditions and property ownership requirements.

  • Effective for assessment year 2023 and thereafter.

Legislative Description

Market value exclusion modification for veterans with a disability

Last Action

Referred to Taxes

1/30/2023

Committee Referrals

Taxes1/30/2023

Full Bill Text

No bill text available
Bill Not Found | Vulcan Bills