WeVote
Log In

Bill

WeVote Research Nonpartisan
Bill Summary · HF 1297

Summary of HF 1297 (2025-2026) – Minnesota

Purpose

HF 1297 seeks to increase the market value exclusion for property taxes for veterans with a disability. The bill aims to provide greater tax relief to Minnesota veterans who have service-connected disabilities by expanding the portion of market value exempt from property tax assessment.

Key Provisions

  • Increase in market value exclusion for veterans with a disability: The bill expands the amount of the property’s market value that is excluded from taxable valuation for eligible veteran homeowners. This is an adjustment to the current exclusion to provide deeper tax relief.

  • Eligibility considerations (implied): While the text provided does not specify all eligibility criteria, such exclusions typically apply to veterans who have a service-connected disability and who occupy the property as a primary residence. The bill would likely align with existing state criteria for veteran property tax exemptions, potentially including documentation of disability rating and property ownership.

  • Scope of relief: The change directly affects the property tax calculation by increasing the value that is exempt from taxation, thereby reducing the property tax bill for qualifying veterans.

Affected Parties

  • Veterans with a disability (and their households): Primary beneficiaries, as they would receive a larger portion of their home’s market value excluded from tax assessment.
  • Property tax system/Participating counties and local assessors: Local government assessors administer the exemption and would implement the expanded exclusion in tax calculations.
  • State budgeting considerations: Reduced property tax revenues from affected parcels may have budgetary implications, depending on the breadth of eligibility and the rate of uptake.

Procedural and Timeline Aspects

  • Introduction and first reading: The bill was introduced and referred to committee on February 20, 2025.
  • Committee action history: The initial action history shows referral to the Taxes Committee, indicating preliminary consideration focused on tax policy and local assessment rules.
  • Sponsors and authors:
    • Primary and co-sponsors include: Tom Dippel, Tom Sexton, Mike Wiener, Drew Roach, and Bryan Lawrence.
    • The author and co-sponsors suggest bipartisan or cross-caucus support typical for tax relief measures benefiting veterans.

Notable Considerations

  • Implementation details not provided here: Specific numeric increases to the exclusion amount, eligible disability ratings, interaction with other exemptions, and any sunset or phase-in provisions are not included in the provided information. The bill’s full text would specify exact dollar amounts or percentage increases, renewal requirements, and any transitional rules.
  • Policy context: This measure falls within broader state tax relief efforts for veterans; it complements other veteran benefits and property tax policies.

If you would like, I can pull the full text or a fiscal note to extract exact dollar amounts, phase-in schedules, and detailed eligibility criteria to refine this summary further.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.