Veterans with a 100% permanent disability from a service-related injury or illness qualify for Colorado’s homestead exemption which reduces property taxes on a homeowner’s primary residence by exempting the first $100,000 of a home’s value for homes valued at $200,000 or more. For homes of lower values, the exemption is 50% of the home’s value. The state reimburses local governments for all revenue lost as a result of the exemption.
Amendment G would expand this property tax exemption to an estimated 3,700 veterans who qualify for Total Disability Individual Unemployability (TDIU) because they are unable to work a steady paid job due to a less-than-100% service-connected disability.
Recommendation: Tax
A veteran with a TDIU rating receives the same federal disability benefits as a veteran with 100% disability so Amendment G would similarly apply Colorado’s homestead exemption to both groups.
Website for the Yes Side
No known website – Info on a proponents’ website appreciated.
Website for the No Side
No known website – Info on an opponents’ website appreciated.
Approved Ballot Language
Amendment G (CONSTITUTIONAL)
Shall there be an amendment to the Colorado constitution concerning the expansion of eligibility for the property tax exemption for veterans with a disability to include a veteran who does not have a service-connected disability rated as a one hundred percent permanent disability but does have individual unemployability status?
YES/FOR ___
NO/AGAINST ___
HCR23-1002 to refer Amendment G to the voters
https://leg.colorado.gov/bills/hcr23-1002
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