HF 4402

as introduced - 91st Legislature (2019 - 2020) Posted on 03/11/2020 11:39am

A bill for an act
relating to taxation; property and local; extending eligibility for the disabled veteran
homestead market value exclusion.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin HOMESTEAD EXCLUSION FOR VETERANS WITH A DISABILITY;
ELIGIBILITY EXTENSION.
new text end

new text begin A spouse of a veteran who received the exclusion under Minnesota Statutes, section
273.13, subdivision 34, paragraph (c), (d), or (k), for assessment year 2017, but who did
not receive the benefit for assessment year 2018 due to the eight-year taxes payable
carryforward limitation existing under Minnesota Statutes 2018, section 273.13, subdivision
34, paragraph (c), (d), or (k), may reapply to the county assessor by December 15, 2020,
provided that the spouse:
new text end

new text begin (1) continues to hold the legal or beneficial title to the homestead;
new text end

new text begin (2) continues to permanently reside at the homestead; and
new text end

new text begin (3) has not remarried.
new text end

new text begin The county assessor must verify that the spouse received the exclusion under Minnesota
Statutes, section 273.13, subdivision 34, paragraph (c), (d), or (k), for assessment year 2017
and must verify the spouse continues to hold the legal or beneficial title to the homestead,
continues to permanently reside at the homestead, and has not remarried. Once verified, the
exclusion shall become effective on the homestead beginning with the 2020 assessment
year and shall continue until such time as the spouse remarries, or sells, transfers, or otherwise
disposes of the property.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end