Northeast Colorado Springs Neighborhood Association

Homestead Exemption--Over 65

You can exempt up to $100,000!

HB 1224 - Homestead Exemption for Seniors - Sponsors: Rep. John Witwer, Senator John Evans
This legislation enacts the Homestead Exemption, which was passed last election as Referendum A. It provides a property tax exemption of an owner-occupied residential property of an individual 65 years or older who has occupied the primary residence for ten years, as of January 1, 2002.