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15 <br />*Notes: <br />Colorado -Additional local option program if tax is 130 percent or greater than prior year's <br />tax owed. Additional local option program to work to pay off liability. <br />Florida -Home owners can receive a full tax deferral If income is below $10,000 (all ages) or <br />$12,000 (age 70 and over). <br />Illinois -Recipients must have lived in their homes for at least three yeazs. <br />Iowa -Local option tax relief is available for home owners age 65 and over. <br />Maine -only home owners that first applied to the deferral program in 1990 qualify. <br />Maryland - A local option program available to home owners age 65 and over, who aze <br />disabled, have lived in their homes at least five yeazs, and have met local income guidelines. <br />Massachusetts -Recipients must have lived in their homes for at least five years and resided <br />in Massachusetts for at least ten yeazs. <br />Michigan -Recipients must have lived in their homes for at least five yeazs. <br />North Dakota -Assets may not exceed $50,000, including the first $80,000 of the <br />homestead's market value. <br />Oregon -After entering the deferral program for all property taxes, recipients must have a <br />federal AGI of $29,000 or less to continue qualifying for the program. Once recipients enter the <br />deferral of special assignments program, they can continue qualifying for the program with any <br />income. <br />South Dakota -Home owners must have owned their homes for at least three years and have <br />lived in the state for at least five years. <br />Tennessee -For homesteads under $50,000 in market value, home owners can defer all taxes <br />above 19791evels. <br />Source: Telephone survey of state departments of revenue, state controllers offices and state <br />treasury offices. <br />