Veterans Property 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. Owners of multiple residences may only designate one property as their primary residence.
A “qualifying disabled veteran” is a person who meets each of the following requirements
A disabled Veteran exemption is available to those applicants who:
- sustained a service-connected disability while serving on active duty in the Armed Forces of the United States,
- were honorably discharged, AND
- were rated by the United States Department of Veterans Affairs as one hundred percent “permanent and total” disabled.
VA un employability awards do not meet the requirement for determining an applicant’s eligibility.
The applicant must have owned and occupied the home as his or her primary residence since January 1 of the year of application; however, limited exceptions to the ownership and occupant requirements are detailed in the eligibility requirements section of the application. Owners of multiple residences may only designate one property as their primary residence. The application deadline is July 1.
Application forms are available from the Division of Veterans Affairs at the address, telephone number, and web site shown below, and can also be downloaded from the link below under Additional Resources.
Completed applications should be submitted to the Colorado Division of Veterans Affairs at the following address:
Colorado Department of Military and Veterans Affairs
Division of Veterans Affairs
1355 South Colorado Blvd. Ste 113
Denver, CO 80222