CO HCR1002

Submits a proposed amendment to the Colorado Constitution to the registered electors for a vote on November 5, 2024.

Expands the property tax exemption for veterans with a disability to include veterans with Individual Unemployability Status as determined by the United States Department of Veterans Affairs, in addition to those with a 100 percent permanent service-connected disability rating.

Amends Section 3.5 of Article X of the Colorado Constitution to change the definition of "disabled veteran" to "veteran with a disability" and adds the Individual Unemployability Status eligibility criterion.

Requires at least 55 percent of electors voting on the ballot measure to vote "Yes/For" for the amendment to become part of the state constitution.

The exemption allows 50 percent of the first $200,000 of actual property value to be exempt from property taxation for qualifying owner-occupied primary residences.