Voters amended the Colorado Constitution in 2006 to include a property tax exemption on the primary residence of a veteran who is 100 percent permanently disabled due to service on active duty, either with the United States Armed Forces or as a member of the Colorado National Guard, after being ordered into active military service. The exemption is valid only if the primary residence is owned and occupied by the qualifying disabled veteran on January 1 of the year for which the exemption is sought.
This exemption, and the senior property tax exemption may not be applied to the same property. A property can only qualify for one, either the senior property tax exemption or the disabled veterans property tax exemption, not both.
For those who qualify, 50 percent of a portion of the actual value of the owned and occupied primary residence is exempt from property taxes. The state Legislature determines the portion of the actual value to which the 50 percent exemption applies. Currently 50 percent of the first $200,000 of actual value is exempt.
To receive this exemption, qualifying veterans must apply with the Colorado State Division of Veterans Affairs.
Contact the Colorado State Division of Veterans Affairs at:
Division of Veterans Affairs Office
133 S. Colorado Boulevard, Building C Suite 113
Denver, CO 80222