Property tax; market value exclusion for veterans with a disability increased.
Minnesota bill expands property tax relief for disabled veterans by increasing the market value exclusion on their primary residences.
Minnesota bill expands property tax relief for disabled veterans by increasing the market value exclusion on their primary residences.
HF 684 increases the property tax market value exclusion for Minnesota veterans with disabilities. This exclusion reduces the taxable value of a veteran's primary residence, thereby lowering their property tax burden. The bill expands an existing benefit program rather than creating a new one.
Property taxes represent a significant ongoing expense for homeowners, and veterans with service-connected disabilities often face financial constraints from medical expenses and reduced earning capacity. Increasing this exclusion directly reduces the annual tax liability for eligible veterans, providing meaningful economic relief while recognizing service-related sacrifices.
Compiled from official sources — confirm details with the bill’s official record.
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