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To: Ways and Means
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026
By: Representatives Remak, Arnold,
Blackwell, Carpenter, Hall, Harris, Hulum,
Kinkade, McLean, Owen, Waldo
HOUSE BILL NO. 419
AN ACT TO AMEND SECTION 27-33-75, MISSISSIPPI CODE OF 1972, 1
TO PROVIDE THAT A QUALIFIED HOMEOWNER WHO IS 85 YEARS OF AGE AND 2
IS THE UNREMARRIED SURVIVING SPOUSE OF A DECEASED AMERICAN VETERAN 3
WHO WAS HONORABLY DISCHARGED FROM MILITARY SERVICE SHALL BE 4
ALLOWED AN EXEMPTION FROM ALL AD VALOREM TAXES ON THE ASSESSED 5
VALUE OF HOMESTEAD PROPERTY; AND FOR RELATED PURPOSES. 6
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 7
SECTION 1. Section 27-33-75, Mississippi Code of 1972, is 8
amended as follows: 9
27-33-75. (1) Qualified homeowners described in subsection 10
(1) of Section 27-33-67 shall be allowed an exemption from ad 11
valorem taxes according to the following table: 12
ASSESSED VALUE HOMESTEAD 13
OF HOMESTEAD EXEMPTION 14
$ 1 - $ 150.............................................. $ 6.00 15
151 - 300.............................................. 12.00 16
301 - 450.............................................. 18.00 17
451 - 600.............................................. 24.00 18
601 - 750.............................................. 30.00 19
751 - 900.............................................. 36.00 20
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901 - 1,050.............................................. 42.00 21
1,051 - 1,200.............................................. 48.00 22
1,201 - 1,350.............................................. 54.00 23
1,351 - 1,500.............................................. 60.00 24
1,501 - 1,650.............................................. 66.00 25
1,651 - 1,800.............................................. 72.00 26
1,801 - 1,950.............................................. 78.00 27
1,951 - 2,100.............................................. 84.00 28
2,101 - 2,250.............................................. 90.00 29
2,251 - 2,400.............................................. 96.00 30
2,401 - 2,550.............................................. 102.00 31
2,551 - 2,700.............................................. 108.00 32
2,701 - 2,850.............................................. 114.00 33
2,851 - 3,000.............................................. 120.00 34
3,001 - 3,150.............................................. 126.00 35
3,151 - 3,300.............................................. 132.00 36
3,301 - 3,450.............................................. 138.00 37
3,451 - 3,600.............................................. 144.00 38
3,601 - 3,750.............................................. 150.00 39
3,751 - 3,900.............................................. 156.00 40
3,901 - 4,050.............................................. 162.00 41
4,051 - 4,200.............................................. 168.00 42
4,201 - 4,350.............................................. 174.00 43
4,351 - 4,500.............................................. 180.00 44
4,501 - 4,650.............................................. 186.00 45
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4,651 - 4,800.............................................. 192.00 46
4,801 - 4,950.............................................. 198.00 47
4,951 - 5,100.............................................. 204.00 48
5,101 - 5,250.............................................. 210.00 49
5,251 - 5,400.............................................. 216.00 50
5,401 - 5,550.............................................. 222.00 51
5,551 - 5,700.............................................. 228.00 52
5,701 - 5,850.............................................. 234.00 53
5,851 - 6,000.............................................. 240.00 54
6,001 - 6,150.............................................. 246.00 55
6,151 - 6,300.............................................. 252.00 56
6,301 - 6,450.............................................. 258.00 57
6,451 - 6,600.............................................. 264.00 58
6,601 - 6,750.............................................. 270.00 59
6,751 - 6,900.............................................. 276.00 60
6,901 - 7,050.............................................. 282.00 61
7,051 - 7,200.............................................. 288.00 62
7,201 - 7,350.............................................. 294.00 63
7,351 and above............................................ 300.00 64
Assessed values shall be rounded to the next whole dollar 65
(Fifty Cents (50¢) rounded to the next highest dollar) for the 66
purposes of the above table. 67
One-half (1/2) of the exemption allowed in the above table 68
shall be from taxes levied for school district purposes and 69
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one-half (1/2) shall be from taxes levied for county general fund 70
purposes. 71
(2) (a) Except as otherwise provided in this subsection, 72
qualified homeowners described in subsection (2) of Section 73
27-33-67 shall be allowed an exemption from all ad valorem taxes 74
on not in excess of Seven Thousand Five Hundred Dollars 75
($7,500.00) of the assessed value of the homestead property. 76
(b) From and after January 1, 2015, qualified 77
homeowners described in subsection (2)(a) of Section 27-33-67 and 78
unremarried surviving spouses of such homeowners shall be allowed 79
an exemption from all ad valorem taxes on the assessed value of 80
the homestead property. 81
(c) Except as otherwise provided in this paragraph (c), 82
a qualified homeowner claiming an exemption under paragraph (a) of 83
this subsection shall be allowed an additional exemption from all 84
ad valorem taxes on an amount equal to the difference between (i) 85
the assessed value of the homestead property on January 1, 2018, 86
or January 1 of the first year for which the qualified homeowner 87
claims an exemption for the homestead property under paragraph (a) 88
of this subsection, and (ii) any increase in the assessed value of 89
the homestead property resulting from a subsequent update in 90
valuation of the homestead property that is completed during the 91
time the qualified homeowner owns the property. In addition, if a 92
subsequent update in valuation of the homestead property that is 93
completed during the time the qualified homeowner owns the 94
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property results in the assessed value of the homestead property 95
being less than the assessed value of the property on January 1, 96
2018, or January 1 of the first year for which the qualified 97
homeowner claims an exemption for the homestead property under 98
paragraph (a) of this subsection, then the exemption authorized 99
under this paragraph (c) shall be on an amount equal to the 100
difference between (i) such lower assessed value and (ii) any 101
increase in the assessed value of the homestead property resulting 102
from a subsequent update in valuation of the homestead property 103
that is completed during the time the qualified homeowner owns the 104
property. However, except for renovations, expansions, 105
improvements or additions to promote energy efficiency, safety or 106
access to the homestead property, the exemption authorized in this 107
paragraph (c) shall not apply to any portion of increase in the 108
assessed value of the homestead property that is attributable to 109
renovations, expansions or improvements of or additions to the 110
property during such time. For the purposes of this paragraph 111
(c), an update in valuation of the homestead property occurs when 112
a county has completed an update in the valuation of Class I 113
property, as designated by Section 112, Mississippi Constitution 114
of 1890, in the county according to procedures prescribed by the 115
Department of Revenue and in effect on January 1, 2018, and for 116
which the Department of Revenue has certified that such new 117
valuations have been implemented for the purposes of ad valorem 118
taxation. 119
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(d) From and after January 1, 2023, a qualified 120
homeowner who is the unremarried surviving spouse of a member of 121
the United States Armed Forces who was killed or died on active 122
duty, or of a member of a reserve component of the United States 123
Armed Forces or of the National Guard who was killed or died on 124
active duty for training, shall be allowed an exemption from all 125
ad valorem taxes on the assessed value of the homestead property. 126
(e) (i) From and after January 1, 2025, a qualified 127
homeowner who is an American veteran who has been honorably 128
discharged from military service and has reached ninety (90) years 129
of age on or before January 1 of the year for which the exemption 130
is claimed, shall be allowed an exemption from all ad valorem 131
taxes on the assessed value of the homestead property. 132
(ii) From and after January 1, 2026, a qualified 133
homeowner who is the unremarried surviving spouse of a homeowner 134
described in subparagraph (i) of this paragraph (e) shall be 135
allowed an exemption from all ad valorem taxes on the assessed 136
value of the homestead property and unremarried surviving spouses 137
of homeowners classified as totally disabled under the federal 138
Social Security Act, Railroad Retirement Act, or any other federal 139
act approved by the Department of Revenue. 140
(f) From and after January 1, 2027, a qualified 141
homeowner who has reached eighty-five (85) years of age on or 142
before January 1 of the year for which the exemption is claimed 143
and is the unremarried surviving spouse of an American veteran who 144
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was honorably discharged from military service shall be allowed an 145
exemption from all ad valorem taxes on the assessed value of the 146
homestead property. 147
(3) Except as otherwise provided in this subsection, this 148
section shall apply to exemptions claimed in the 2001 calendar 149
year for which reimbursement is made in the 2002 calendar year and 150
to exemptions claimed for which reimbursement is made in 151
subsequent years. The exemption provided for in subsection (2)(b) 152
of this section shall apply to exemptions claimed in the 2015 153
calendar year for which reimbursement is made in the 2016 calendar 154
year and to exemptions claimed for which reimbursement is made in 155
subsequent years. The exemption provided for in subsection (2)(c) 156
of this section shall apply to exemptions claimed in the 2018 157
calendar year for which reimbursement is made in the 2019 calendar 158
year and to exemptions claimed for which reimbursement is made in 159
subsequent years. The exemption provided for in subsection 160
(2)(e)(i) of this section shall apply to exemptions claimed in the 161
2025 calendar year for which reimbursement is made in the 2026 162
calendar year and to exemptions claimed for which reimbursement is 163
made in subsequent years. The exemption provided for in 164
subsection (2)(e)(ii) of this section shall apply to exemptions 165
claimed in the 2026 calendar year for which reimbursement is made 166
in the 2027 calendar year and to exemptions claimed for which 167
reimbursement is made in subsequent years. The exemption provided 168
for in subsection (2)(f) of this section shall apply to exemptions 169
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ST: Homestead exemption; increase for certain
unremarried surviving spouses of veterans.
claimed in the 2027 calendar year for which reimbursement is made 170
in the 2028 calendar year and to exemptions claimed for which 171
reimbursement is made in subsequent years. 172
SECTION 2. This act shall take effect and be in force from 173
and after July 1, 2026. 174