Military and Veterans Affairs
The proposed exemption would also carry over to the surviving spouse, if they co-own the property. Approved by the House Agriculture, Rural Economies and Veterans Affairs Committee, the bill was referred to the House Taxes Committee.
Rukavina sponsored a similar bill last year. A fiscal note at that time showed there is an estimated 2,800 homeowners who would qualify for the exemption. Any gain to the General Fund because qualifying homeowners would no longer be eligible for a state property tax refund could be offset by a tax-shift resulting in an increase in state-paid property tax refunds to other homeowners.
- Lee Ann Schutz
Latest Session Daily stories
K-12 spending plan nears finish line (5/19/2013) Contributors asked to pay more into pension funds (5/18/2013) House, Senate pass omnibus environment, ag bill (5/18/2013) Bonding bill fails to get House approval (5/17/2013) Legislators may no longer set their own salaries (5/17/2013) Higher education budget heads to Daytonís desk (5/17/2013) Met Council redistricting plan takes effect (5/17/2013) Governor ratifies changes to administrative appeal case process (5/17/2013) Health care appropriations target childrenís services (5/17/2013) Expanded sick leave bill returns to House and Senate (5/16/2013) Stadium backfill revenue adopted by tax conferees (5/16/2013)