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Committee hears bill to raise veteran property tax credit and expand eligibility; set aside for omnibus property tax work
Summary
Representative Brandy Pyle told the Senate Finance and Taxation Committee that House Bill 12-66 would increase the veteran property tax credit from $8,100 to $9,000 and make technical changes to expand or preserve eligibility for co-owners and surviving spouses receiving VA benefits.
Representative Brandy Pyle told the Senate Finance and Taxation Committee that House Bill 12-66 would increase the veteran property tax credit from $8,100 to $9,000 and make technical changes to extend eligibility in certain co-ownership and surviving-spouse situations.
“We're just moving the credit from 8,100 to 9,000,” Representative Brandy Pyle said, adding that the bill would let a veteran who co-owns a home with a child or parent remain eligible for the…
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