MS HB772

Provides complete exemption from all ad valorem taxes on homestead property for service-connected, totally disabled American veterans who were honorably discharged from military service.

Extends the full homestead property tax exemption to unremarried surviving spouses of such disabled veterans, effective January 1, 2010.

Increases the homestead exemption cap from $6,000 to $7,500 of assessed value for qualified disabled homeowners in counties that have completed property revaluations as of January 1, 2001.

Specifies that disabled veterans and their unremarried surviving spouses must provide proper proof of service-connected total disability to claim the exemption.

Exempts qualifying disabled veterans and their unremarried surviving spouses from forest acreage taxes on property included in the homestead.