Property Tax Impact Estimates for Proposed Disabled Veteran Homestead Exclusion Increases
These documents provide central planning estimates of the potential statewide property tax base impact from proposed increases to Minnesota’s Disabled Veteran Homestead Market Value Exclusion. They are designed to inform policymakers, stakeholders, and the public about the scale and distribution of additional excluded property value—not to calculate individual tax bills.
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Property Tax Shift Model 400 and 200
Property Tax Shift Model 400 and 200 (1) evaluates increasing the exclusion:
- From $300,000 to $400,000 for 100% Permanent & Total (P&T) disabled Veterans
- From $150,000 to $200,000 for Veterans rated 70%–100% (non‑P&T)
- Resulting in a central planning estimate of approximately 0.08% of statewide county estimated market value, with a theoretical maximum of 0.16%
Property Tax Shift Model 450 and 225
Property Tax Shift Model 450 and 225 (2) evaluates a larger increase:
- From $300,000 to $450,000 for 100% P&T disabled Veterans
- From $150,000 to $225,000 for Veterans rated 70%–100% (non‑P&T)
- Resulting in a central planning estimate of approximately 0.12%, with a theoretical maximum of 0.24% of statewide county estimated market value