When a state changes a veteran benefit, it lands here.

The California State Board of Equalization publishes new Disabled Veterans' Exemption amounts every year because Revenue and Taxation Code section 205.5 requires the exemption and its household income limit to be indexed for inflation. For the 2026 lien date, the basic exemption is $180,671 of assessed value with no income limit, and the low-income exemption is $271,009 for households whose income in 2025 did not exceed $81,131.

Correction note: until August 27, 2026 our California guide showed the 2024 amounts ($169,769 basic and $254,656 low-income) as if they were current, including one passage that labeled the $169,769 figure as a 2026 value. The guide now carries the verified 2026 amounts plus a year-by-year table sourced to the Board of Equalization's annual Letters To Assessors, so a prior-year figure can never again be presented as current. The error affected descriptive text only; no calculator output depended on these figures.

New Mexico voters approved two constitutional amendments on November 5, 2024 that together produced the largest expansion of the state's veteran property tax benefits in decades. Constitutional Amendment 2 raised the standard exemption for honorably discharged veterans and their surviving spouses from $4,000 of assessed value to $10,000, with inflation indexing going forward. Constitutional Amendment 1 changed the disabled veteran exemption from an all or nothing benefit available only at 100 percent disability to a proportional exemption matching the veteran's federal disability rating.

The implementing legislation, House Bill 47, was signed on March 20, 2025. Under it, the higher $10,000 standard exemption applies beginning with the 2025 property tax year, and the proportional disabled veteran exemption applies to the 2026 and later property tax years. A veteran rated at 50 percent, for example, can now receive a 50 percent exemption on the primary residence rather than nothing.

Colorado voters approved Amendment G on November 5, 2024, expanding who qualifies for the state's disabled veteran homestead exemption. Before the amendment, the exemption, which covers 50 percent of the first $200,000 of a primary residence's actual value, was limited to veterans rated 100 percent permanent and total. Amendment G extended eligibility to veterans who receive VA compensation at the 100 percent rate through individual unemployability, known as TDIU, even though their schedular rating is below 100 percent.

The change first applies to the 2025 property tax year. Applications go directly to the county assessor, and the exemption continues to transfer to an unremarried surviving spouse. For TDIU veterans in Colorado, this is a benefit they were categorically excluded from before the amendment.