Bill > HB714

This bill amends Mississippi's homestead tax exemption laws to extend property tax relief to unremarried surviving spouses of homeowners who were totally disabled. Specifically, the bill adds language to existing statutes that allows unremarried surviving spouses of homeowners who were classified as totally disabled to receive the same ad valorem (property) tax exemptions that the disabled homeowner would have received. The bill defines "totally disabled" through several categories, including service-connected disability for veterans, classification under federal Social Security or Railroad Retirement Acts, or disability determination through qualified retirement plans or the Department of Revenue. The tax exemption varies based on the assessed value of the homestead property, with exemptions ranging from $6 to $300 depending on the property's value. The bill also specifies that one-half of the exemption will come from school district taxes and one-half from county general fund taxes. The changes will take effect on July 1, 2025, and do not impact any tax claims or assessments that existed before the bill's implementation date. The primary goal of this legislation is to provide continued property tax relief for families of disabled homeowners who have passed away.

Budget and Finance

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0714.xml