MS HB164

Extends ad valorem tax exemptions on homestead property to unremarried surviving spouses of service-connected, totally disabled American veterans who were honorably discharged from military service.

Provides qualifying homeowners with service-connected total disability exemptions from all ad valorem taxes on homestead property assessed value, effective January 1, 2010.

Increases homestead exemption limit from $6,000 to $7,500 of assessed property value for counties that have completed updated Class I property valuations as of January 1, 2001.

Maintains existing exemption schedules for counties without updated valuations, with exemptions ranging from $6.00 to $240.00 depending on assessed homestead value.

Extends forest acreage tax exemptions to unremarried surviving spouses of qualified disabled homeowners.