MN SF185

Increases the homestead market value exclusion for veterans with a 70% or greater service-connected disability from $150,000 to $250,000

Increases the homestead market value exclusion for veterans with a total (100%) and permanent disability from $300,000 to $450,000

Veterans must be honorably discharged and have their disability certified by the U.S. Department of Veterans Affairs to qualify

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

Effective beginning with assessment year 2025