Property tax; market value exclusion modified for veterans with a disability, exclusion amounts increased annually with inflation, and surviving spouses benefit modified.

HF 1756 increases property tax exclusions for Minnesota veterans with service-connected disabilities and modifies benefits for surviving spouses. Veterans with a 70% or higher disability rating receive a $150,000 exclusion (doubling to $300,000 for 100% disability), with the base amount adjusted annually for inflation using a federal economic index. Surviving spouses of qualifying veterans or service members who died in active duty can continue the full $300,000 exclusion until they remarry or sell the home. The bill directly affects veterans, their spouses, and primary family caregivers who qualify under the existing program.