MN SF1190

Increases the homestead market value exclusion for veterans with a 70% or greater service-connected disability from $150,000 to $375,000

Increases the exclusion for veterans with a total (100%) and permanent disability from $300,000 to $420,000

Eligibility requires honorable discharge from the U.S. armed forces and disability certification from the U.S. Department of Veterans Affairs

Surviving spouses of qualifying veterans may continue to receive the exclusion until they remarry or dispose of the property

Effective beginning with assessment year 2025