Colorado Homestead Exemption Suspended. Staff recommends that the committee sponsor legislation to suspend the homestead exemption for tax years included in the fy 2020 21 state reimbursement. To be granted a homestead exemption you must occupy the home and the home must be considered your legal residence for all purposes.
At that time lawmakers suspended the exemption for three years. Julie mccluskie a dillon democrat asked that the committee allow the exemption for veterans to go forward. Left undecided is whether the suspension will also apply to disabled veterans who likewise.
To qualify a property owner occupier must be at least 65 years of age on the assessment date and.
At that time lawmakers suspended the exemption for three years. To be granted a homestead exemption you must occupy the home and the home must be considered your legal residence for all purposes. Julie mccluskie a dillon democrat asked that the committee allow the exemption for veterans to go forward. The homestead exemption has been suspended during a recession before in 2010 also for three years.
