HCR 24-1001 CO

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Introduced

The state constitution currently only allows a senior who has owned and occupied the senior's primary residence for 10 years, or the surviving spouse of such a senior, to claim a property tax exemption for 50% of the first $200,000 of actual value of the primary residence (exemption). If approved by the voters of the state at the 2024 general election, the concurrent resolution will allow a senior, or the surviving spouse of such a senior, who has previously qualified for the exemption for 2016 or any later year for a prior primary residence to claim the exemption for the senior's current owner-occupied primary residence regardless of how long the senior has owned and occupied that residence. (Note: This summary applies to this concurrent resolution as introduced.)

• Ken DeGraaf Republican · primary
• Stephanie Luck Republican · primary

1. Apr 22, 2024 House Committee on Finance Postpone Indefinitely · lower
2. Mar 4, 2024 House Committee on Finance Witness Testimony and/or Committee Discussion Only · lower
3. Jan 31, 2024 Introduced In House - Assigned to Finance · lower