Loading chat...
MN SF944
Bill
Status
1/30/2023
Primary Sponsor
Eric Lucero
Click for details
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