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Agenda - 03-31-1998 - 2
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Agenda - 03-31-1998 - 2
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7/20/2010 11:40:20 AM
Creation date
7/20/2010 11:40:17 AM
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BOCC
Date
3/31/1998
Meeting Type
Work Session
Document Type
Agenda
Agenda Item
2
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Minutes - 19980331
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\Board of County Commissioners\Minutes - Approved\1990's\1998
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15 <br />State Eli 'ble Home Owners Deferral Amount Income Ca s <br />California Age 62 and over, blind All property taxes $24 000 <br /> or disabled <br />Colorado* A e 65 and over All ro taxes None <br />District of Columbia All ages Taxes above 110% of None <br /> rior tax liabili <br />Florida* All ages Taxes exceeding 5% of None <br /> • income <br /> Age 65 and over Taxes exceeding 3% of None <br /> income <br />Georgia Age 62 and over Taxes on the first $15,000 <br /> $50,000 AV <br />Illinois* Age 65 and over All taxes up to 80% of $25,000 <br /> ui value <br />Iowa SSI recipients All property taxes None <br /> A e 65 and over * None <br />Maine* A e 65 and over All ro taxes $40,000 <br />Maryland* Age 65 and over or All property taxes (L) <br /> disabled <br />Massachusetts* A e 65 and over U to 50% of AV $40,000 <br />Michigan* Age 65 and over or Speciat assessments $15,400 <br /> disabled over $300 <br />Minnesota Age 65 and over or Special assessments (L) None <br /> disabled <br />New Ham hire A e 65 and over U to 85% of tax None <br />North Dakota* Age 65 and over or All special assessments $13,500 <br /> disabled <br />Oregon* Age 62 and over All property taxes $24,500 <br /> S vial assessments $17,500 <br />South Dakota* A e 70 and over All r taxes None <br />Tennessee* All ages Taxes can be deferred $12,000 <br /> up to $60,000 of the <br /> property's market value <br />Texas A e 65 and over All taxes None <br />Utah Age 65 and over 50% of tax, up to $300 None <br />Virginia Age 65 and ovcr or Taxes that exceed 105% $30,000 <br /> disabled (or more) of prior year's <br /> tax <br />Washington Age 60 and over Taxes on 80% of equity $34,000 <br /> value <br />Wisconsin Age 65 and over or lip to $2,500 of taxes $20,000 <br /> disabled <br />W •omin A e 62 and over 50% of taxes ) 150% of vertu level <br />(L) =Local option program <br />(AV) =Assessed value <br />(AGI) =Adjusted gross income <br />(SSI) =Supplemental Security Income <br />
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