SF 532 Minnesota Senate · 2025-2026 Regular Session

Property market value exclusion to veterans with a disability modification

This bill increases property tax relief for Minnesota veterans with service-connected disabilities. It raises the market value exclusion from $150,000 to $200,000 for veterans with a 70%+ disability rating, and from $300,000 to $400,000 for veterans with a total (100%) and permanent disability. The change directly affects qualifying veterans (requiring VA certification and honorable discharge), their surviving spouses who inherit the homestead, and approved primary family caregivers. The exclusion applies to the homestead property's taxable value, with specific application deadlines and eligibility requirements outlined in the bill.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2025 Last action Jan 23, 2025
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Total actions
2
Key actions
0
Committee
1
Jan 23, 2025
Committee
Referred to Taxes
upper
Jan 23, 2025
Introduced
Introduction and first reading
upper
0 primary · 4 co-sponsors

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