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
Legislative commission folds pension fixes into omnibus bill (3/11/2014 8:32:00 PM) Lenders, utilities could combine to finance green improvements (3/11/2014 8:26:59 PM) What to do with drones? (3/11/2014 8:00:46 PM) Culturally specific substance abuse programs gains spotlight in committee (3/11/2014 7:34:35 PM) Pupil safety aim of school bus bill (3/11/2014 7:25:00 PM) Health disparities focus of possible grants and task force (3/11/2014 6:37:18 PM) Funding for conservation projects moves forward (3/11/2014 6:33:00 PM) ‘Big buck’ contests could be the state’s next charitable game (3/11/2014 6:23:00 PM) Bill seeks clarification on 2013 sales tax law (3/11/2014 5:32:00 PM) Search warrants would be needed for cell phone tracking data (3/11/2014 5:08:00 PM) Greater MN public infrastructure funding needed (3/11/2014 3:27:25 PM)