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MS SB2036

Bill

Status

Failed

2/24/2010

Primary Sponsor

Lee Yancey

Click for details

Origin

Senate

2010 Regular Session

AI Summary

  • Exempts service-connected, totally disabled American veterans who have been honorably discharged from all ad valorem taxes on homestead property assessed value.

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

  • For counties with updated Class I property valuations, increases the homestead exemption cap from $6,000 to $7,500 of assessed value for totally disabled homeowners.

  • Allows the exemption for disabled veterans based on proper proof of service-connected total disability, including documentation from the U.S. Department of Veterans Affairs.

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

Legislative Description

Disabled veterans; increase for totally disabled veterans and extend to unremarried surviving spouses of such veterans.

Last Action

Died In Committee

2/24/2010

Full Bill Text

No bill text available