MS HB335

Provides full exemption from all ad valorem taxes on homestead property for veterans with service-connected total disability who have been honorably discharged from military service, effective January 1, 2010.

Extends the full homestead property tax exemption to unremarried surviving spouses of such disabled veterans, beginning with exemptions claimed in the 2010 calendar year.

In counties that have completed updated property valuations, increases the homestead exemption from $6,000 to $7,500 in assessed value for other qualified disabled homeowners (non-veterans or those without service-connected disabilities).

Amends Mississippi Code Sections 27-33-75 and 27-33-67 to implement these changes and clarifies that surviving spouses remain eligible for forest acreage tax exemptions.

Applies retroactively to protect existing tax assessments and claims made before the effective date of January 1, 2010.