Disabled Veteran Tax Exemption

In 2006, Colorado voters approved Referendum #E, amending Section 3.5 of Article X of the Colorado Constitution.

• The amendment and subsequent legislation expanded the Senior Property Tax Exemption, to include “qualifying disabled veterans.”
• For disabled veterans who qualify, 50 percent of the first $200,000 of actual value of the veteran’s primary residence is exempted. The State will reimburse the County Treasurer for the lost revenue. The exemption is effective January 1, 2007 on property tax bills sent beginning in 2008. Owners of multiple residences may only designate one property as their primary residence.
• The Disabled Veteran Property Tax Exemption is available to applicants who sustained a service connected disability rated by the Federal Department of Veterans Affairs as a 100 percent permanent disability through disability retirement benefits or have been granted individual unemployability status pursuant to a law or regulation administered by the Department, the United States Department of Homeland Security, or the Department of the Army, Navy, or Air Force.
• Also, the veteran must have owned and occupied the property as their primary residence since January 1.
• THE FILING DEADLINE IS JULY 1