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Bill > HB359


MS HB359

MS HB359
Appropriation; Department of Revenue for making upgrades to homestead exemption system.


summary

Introduced
01/08/2026
In Committee
01/08/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act Making An Appropriation To The Department Of Revenue For The Purpose Of Paying Costs Associated With Making Upgrades To The Homestead Exemption System For The Fiscal Year 2027.

AI Summary

This bill appropriates $500,000 from the State General Fund to the Department of Revenue for the fiscal year beginning July 1, 2026, and ending June 30, 2027, specifically to cover the costs of upgrading the homestead exemption system. The homestead exemption is a property tax benefit that reduces the taxable value of a primary residence. The funds will be disbursed by the State Treasurer upon warrants issued by the State Fiscal Officer, who will act based on official requisitions. This act will become effective on July 1, 2026.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred To Appropriations A (on 01/08/2026)

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