SF 615 Minnesota Senate · 2025-2026 Regular Session

Veterans with a disability property market value property tax exclusion 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% or higher disability rating, and from $300,000 to $400,000 for veterans with a total (100%) and permanent disability. The change directly affects qualifying veterans, their surviving spouses (if the veteran dies before applying), and primary family caregivers who live in the veteran's home. The key provision modifies Minnesota Statutes section 273.13 to provide higher tax savings on the primary home's value.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 27, 2025 Last action Jan 27, 2025
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Total actions
2
Key actions
0
Committee
1
Jan 27, 2025
Committee
Referred to Taxes
upper
Jan 27, 2025
Introduced
Introduction and first reading
upper
1 primary · 3 co-sponsors

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