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Finance and Taxation committee recommends ‘do not pass’ on bill to raise disabled veterans’ home exemption to $200,000
Summary
The Finance and Taxation committee voted 6‑0 to recommend a “do not pass” on House Bill 12‑66, which would raise the property‑tax home exemption for disabled veterans from $180,000 to $200,000 and clarify eligibility for co‑owned residences.
The Finance and Taxation committee voted 6‑0 to recommend a “do not pass” on House Bill 12‑66, which would raise the property‑tax home exemption for disabled veterans from a true and full value of $180,000 to $200,000 and clarify eligibility when a disabled veteran co‑owns a residence.
The committee chair, Chairman Weber, told members the proposal’s intent is to put disabled veterans “on par” with other home exemptions and that committee staff and the bill sponsor planned to insert the provision into the pending property tax bill during conference committee rather than advance this standalone bill.
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