Property tax market value exclusion for veterans with a disability modification; exclusion amounts increase annually with inflation authorization; surviving spouses benefit modification

This bill modifies Minnesota's property tax exclusion for veterans with service-connected disabilities. It increases the exclusion amount to $300,000 for veterans with 100% permanent disability (up from $150,000) and adds automatic annual inflation adjustments starting in 2027, using the Bureau of Economic Analysis deflator. Surviving spouses of qualifying veterans or service members who died in active duty can now retain the full $300,000 exclusion indefinitely - until remarriage, sale, or transfer of the property - without needing reapplication. The changes directly affect veterans with 70%+ disability, their primary family caregivers, and surviving spouses of veterans or service members who died in service.